Shouldn't Obama have appointed a US Attorney General by now? The absence in this top spot means the banksters continue to go unprosecuted!

wow learn something new everyday

no US AG?

EDIT

and what Dashing said - yeah uh huh

Including Karl D. and Janet T, the best and the brightest financial advisors and journalists know about this scam. Everyone who is anyone seems to know the truth about this deception and all are shouting it from the rooftops.

Why does no one in a position of authority seem to care? Is it possible for us to make a citizens arrest?

This article by David DeGraw of Global Reasearch is awesome. Maybe if we send it to everyone we know and insist they read it people will start to care. I am busily sending a lot of Karl's articles to everyone I know and so far at least three people have thanked me for the information. We've got to start somewhere.

http://dandelionsalad.wordpress.com/2010....

If Janet Tavakoli were Treasury Secretary there would be some hope for this country.

Janet has covered them in the past, but investment bankers= swindler sellers of interest rate swaps, security borrowing programs where there is 3 Trillion in stock "borrowed" but probably less than 1 Trillion actually shorted and borrowed, and the rest is proceeds invested in the investment bankers favoriate grade A junk.
Not to forget the Jefferson county Alabama saga repeated in large over the entire US with not only counties, but cities, government agencies, not for profit hospitals and universities as the victims.

Damn, no audio or video? Gosh I hope something surfaces.

If you combined Karl's Tickers with Bill Black's lecture presentations, you'd get those slides, along with Janet's own expertise on securitization of course.

If you're new to TF and don't know of Janet or Bill, boy are you late to the party...

She tried but had problems with her taping machine and made no provisions for video. Unfortunate too - I had asked, and she intended - just didn't work out.

Y'all might want to use this icon for stories such as this. As a former prosecutor (with some white-collar experience), the non-feasance by DoJ is substantively the same as malfeasance.

The file itself is here:

http://www.scribd.com/doc/41807567/Resto....

We'll have it in DC starting 21 January. Hope to see you there.

Genesis wrote..

And now, with it out there under the white-hot light of the public and presented to the government's forum on housing finance supervision from one of the preeminent experts in the world of Structured Finance, there no longer is any excuse for the lack of action on these scams - from top to bottom.

The White House, Congress, regulatory agencies, they all know about the scams and fraud, they've known about it. Their choice to NOT act has been intentional. It has nothing to do with Democrats being in the White House. Republicans have gained the House of Representatives. Announcements have been made for plans for the Oversight Committee investigations and any related to the financial industry are conspicuously absent. Neither party wants to pursue cleaning up the banks. Most of the public doesn't get it.

The banking lobbies are too powerful. They've managed to get the best regulations that money can buy. He who has the gold, rules.

I put it on my facebook page KD. I understand from the grapevine people are reading it. The last thing you had about Tavakoli, she mentioned the buttonwood conference and the worms that were on the panels. Rubin blew the 1990's bubble. Look at the charts. Then he got in bed with another worm, Sandy Weill. Jaime Dimon was Weill's fair haired boy. You can figure he is a trained A-1 liar as a result. Weill had been drawing over $100 million a year out of Travelers long before Citi came along in the merger. The bastard didn't have enough money so he bribed an analyst for a buy recommendation on an AT&T spinoff that went off the end of the pier.

I noticed they had a CDO that was literally 100% No Doc 100% loans. You know what that means? They were propping the market, bailing out the bad loans with more bad loans. This had nothing to do with anything but keeping the party going. Ponzi at its best. The No Doc's I recall were 75% LTV and less. They made sense with enough down to allow for exit and for the buyer to have something at stake. Santa Claus wouldn't make 100% no doc loan to a saint.

I know this is now about a week old - but here is the audio - http://www.tavakolistructuredfinance.com....