Just more details to add to the greatest felony ever perpetrated against the US citizenry and any citizenry for that matter.

Is it really a surprise that TARP funds are nothing more than a give away to fund the lavish life styles of the rich and shameless? Those who voted for TARP understood the quid pro quo all along. It provides for a sweet corporate job once the pond scum lose their election bids, a golden parachutte when the government gravy train runs out.

Yeah, the more things change, the more they stay the same.

The author asks, "Why hasn’t anyone been prosecuted for looting the American taxpayer? Indeed, the number of prosecutions involving banking boondoggle is—dare I say it? Criminally small."

Are you kidding? The question you ought to be asking is why do the Democrats and Obama allow it? (After all the Dems controll both houses and the Presidencey; what don't you understand about this?)

The answer is clear, they are all bought and paid for by the frigging banksters.

Wake up!

Do we have a reason to believe that SEC is asleep and not complicit?

Remembering the energy crisis in California some years back (that I said from the beginning was a well-orchestrated inside job for conservative political purposes), and looking at the banking situation now, it's easy to compare the two and see what the game plan is. The writing was on the wall in regard to the GOP remaining in power, and as they're so good at doing with their big think tanks, they came up with the grand scheme of tanking the economy and holding it down in order to finally do away with the liberal party, hopefully forever. I'd even lay odds on the all the smaller banks that are failing around the country are like the judicial purge; getting rid of the liberal ones and the conservative ones that refused to go along with the plan.

A woman in Spokane, WA, a caller on C-SPAN this morning, hit the nail on the head. She basically said the banks are conservative, and they're doing exactly what all the conservatives have been doing, which is everything in their power to bring Obama down. Their actions with the bonuses, the withholding of loans, and everything else they've done since the bailout makes this pretty clear.

The wholescale looting of public (taxpayers') money through the TARP fund defies all belief!!!

And no one in either the Bush or Obama administration has ever offered any rational "rhyme or reason" why it should have taken place.

NO business (bank or other) is ever too big to fail! And now, to add insult to injury to the American public, we read about the unbelievable bonuses that are currently being paid out to the "looters" who are responsible for the failure of the businesses to begin with.

If this isn't proof positive that our degenerate government (both Republican and Democrat) hasn't completely failed in its fiscal responsibility to the American people, I can't think of anything that would be. It's as though these criminal bankers are robbing us blind in broad daylight as we are forced to just stand by and watch!!!! What a slap in the face!!!!

What's wrong with this picture???

The "United States of America" can no longer be called by that name and has become the laughing stock of the world! A government "of the people, by the people, and for the people" no longer exists in America. Abraham Lincoln is weeping in his grave!

Bottari sez: "So, will SEC chair Mary Shapiro be handed a spine and a double expresso?"

***
More likely she will be handed a bottle of Sominex and a large bag of cash fluffed into a comfy pillow.

"Why hasn’t anyone been prosecuted for looting the American taxpayer?"

Because legislative bills and statutes, whether constitutional or NOT, are written to protect these effing criminals at the expense of taxpayers.

In fact, if you look at the term "EMBEZZLEMENT" in Barron's Law Dictionary (1984), it says "embezzlement is often associated with bank employees, public officials, or officers of organizations"......

"The American people’s ignorance, stupidity, and disinterest in the governance of this nation have allowed an oligopoly of politicians, bankers, and powerful corporations to seize control of the country and loot its riches for their personal gain." -J. Quinn

Lloyd Blankfein, Capo di Tutti Capi of Goldman Sachs, is reported to "look like shit", so worried is he about the reporting of Goldman Sachs upcoming bonuses. He looked like shit long before that.

Hey, Obama bailed out capitalism, that disgusting system of the last 500 years, and some of you still like him. What? You didn't think bankers would (because they're the source, the foundation of capitalism) engorge themselves at our expense?

Bottari: "will SEC chair Mary Shapiro be handed a spine and a double expresso? Will Merrill’s John Thain and BoA’s Kenneth Lewis be cuffed?"

I wouldn't hold my breath. The banksters may have paid themselves billions in bonuses with taxpayer funds, but that left billions more with which to corrupt Congress.

In a cosmic sense, what does it mean that the taxpayer is footing the bill for his own subversion? Is this the sound of one hand clapping?

IT'S THE JEWS!!!! So I was chatting with an old guy outside the laundromat yesterday evening and he was telling me how the world works with the bankers setting up a whole fake economy and then when it collapse stealing all our money, and how the government officials are in on it too, and how capitalism is the worst system in history. He said people in Cuba might not have money but they are happier than us. And then finally he said but you know who it is really is, the worst culprit behind it all, THE JEWS!!!!! And you know, historically all this sort of banker hatred, is often also Jew hatred and I wonder if there's still some of that around today or if it is just a few old guys like this one. There's a lot of righteous hatred of Israel and bankers among "liberals" and maybe there's some unspoken antisemitism.

Will Mary Shapiro grow a pair? Not likely. But where is the public outrage as the oligarchs systematically drain us? Oligarchs? That sounds like Russia. Is that where were headed. Doh!

Just stumbled across this in the early am....f'n fantastic stuff... thanks to all. too bad the politicians can't read any more than their bank account statements.