INSIDER TRADING IS A CRIME.
There are some Players who need to be put in federal penitentiaries and whose assets we need to seize. Otherwise, ASIDE FROM THE MORAL HAZARD OF CRIME PAYING REALLY WELL IN AMERICA, confidence will not be restored to the market. Or to the dollar. ”We” — very royal, that we — are exposed before the world as liars, thieves, scam artists and charlatans. Also bullies, it bears mention.
And yet We The People, the OTHER dilettantes, are afraid to prosecute and punish our own Bad Guys.
Goldman SACKS Executives — and Harvard and Yale Universities, it ALSO bears mention — feature in a percent and notoriety of our scandals that is entirely outta whack with Laws of Probability.
Did I read rightly that an aide to Barney Frank has been successfully recruited to lobby for Goldman Sachs? May I remind my gullible countrymen that Barney Frank is not incidental but CENTRAL to the Subprime Slash Derivative disaster-slash-conflict-of-interest that fueled the Mortgage Meltdown which fueled the Housing Crisis which is fueling busts in commercial real estate and corporate paper.
Allow me to suggest that lobbying should be unlawful. Failing that — ‘cuz we all know that MONEY TALKS AND BULLSHIT WALKS IN AMERICA — allow me to suggest that former Public Servants should be prohibited from entering the oh-so-lucrative lobbying industry and that Mercenaries from the oh-so-lucrative lobbying industry should be prohibited from holding public office.