Saturday, April 23, 2011

The Lame Game. Banks run roughshod over Regulators!

It's the end of the first half and the game is in the bag. The big banks it's seems are not only to big to fail, they are too big to be brought into compliance by the Regulators.

How polite can we be? We all know that the banks, when left to their own devices, always act in their own self interest. So here we are again, watching the Regulators give away the farm. Bankers heal thy selves; sure thing.

I haven't seen any fines or penalties imposed yet. Don't count on seeing that happen any time soon.

Remember this whole mortgage fiasco that nearly brought down our financial house? I join in asking the question of every rational, logical, ethical and moral citizen of this great land. Why hasn't anyone gone to jail? This is crime time and somebody should be held responsible for this. Tune in to see the new banking realty game show, "The Lame Game". But don't believe the ratings. It's sponsored by Moody's and S&P.

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