Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts

25 August 2009

i *heart* bernie sanders...

...tell it like it is, bernie, tell it like it is!!!

"As a result of the greed, irresponsibility and illegal behavior of Wall Street our country has experienced the worst economic decline since the Great Depression," said Sanders. "Mr. Bernanke was head of the Fed and the nation's chief economist as this crisis, driven by reckless speculation, developed. Tragically, like the rest of the Bush administration, he was asleep at the wheel during this period and did nothing to move our financial system onto safer grounds."

"As the middle class of this country continues to shrink, we need a chairman of the Federal Reserve who is more concerned about expanding the productive economy -- increasing decent-paying jobs for all Americans -- than continuing to fan the flames of Wall Street greed and outrageous compensation packages."

29 June 2009

justice is served

hope he rots.

Madoff Sentenced to 150 Years In Prison:


NEW YORK — Convicted Wall Street swindler Bernard Madoff was sentenced to 150 years in prison Monday for a fraud so extensive that the judge said he needed to send a message to potential imitators and to victims who demanded harsh punishment.

Scattered applause and whoops broke out in the crowded Manhattan courtroom after U.S. District Judge Denny Chin issued the maximum sentence to the 71-year-old defendant, who said he lives "in a tormented state now, knowing all the pain and suffering I've created."

all i can say is that it's too bad that the judge that heard this case wasn't the judge presiding over the enron trials.