The President has spoken, but the system is still broken. The SEC has come down on Goldman Sachs but the company is now mounting a no-expense spared defense.. Shocking disclosures of greed and fraud continue to trickle out from the Mammon factory and Babyloniaan leviathan that is Wall Street.What is, and isn’t, being done by “da people” to fight back?
The major issue on the agenda for activists is not just the Administration’s tepid financial reform package due for a Senate vote this week but supporting new legislation to break up the banks, a proposal that challenges the “TOO BIG TO FAIL” understanding between government and the banks. Thousands of activists are calling on their representatives to back the bill, and MoveOn.org is planning ads.
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Greed and fraud in Wall Street. Oh, how surprising!
ReplyDeleteAm I the only one that sees the resemblance between this picture and the Earl de Darkwood from the Daft Punk Interstella 5555 cartoon series?
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