One Lawman With the Guts to Go After Wall Street

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Robert Scheer writes: "The fix was in to let the Wall Street scoundrels off the hook for the enormous damage they caused in creating the Great Recession. All of the leading politicians and officials, federal and state, Republican and Democrat, were on board to complete the job of saving the banks while ignoring their victims ... until last week when the attorney general of New York refused to go along."

New York Attorney General Eric Schneiderman answers a question during a news conference in his New York City office, 03/18/11. (photo: AP)

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0 # wini 2011-05-18 07:43

thought you would be interested in this. XX

+28 # jon 2011-05-18 08:52

I too fear he will - Somehow or other - get Elliot Spitzered.

He would be wise to lead a very circumspect life, and have a personal security team around him all of the time.

+12 # fredboy 2011-05-18 09:22

I liken the financial mayhem they caused to the metaphor of the Pearl Harbor attack. Can you imagine the President and Congress at the time saying "Well, we're going to help them out, totally ignore the evident dangers, and let them keep building and spreading their war machine. But we think everything will be all right..." That's what's happened in the US regarding Wall Street and the banking cartel.

+20 # Dave W. 2011-05-18 09:38

Obama and the federal justice department WILL NOT go after these malevolent thieves because the President is, once again, counting on them to bankroll his upcoming election campaign. There will no doubt be some form of "crackdown" on Mr.Schneiderman or some sort of deal constructed to derail his efforts and appease the Wall St. "ministers of malfeasance.". We don't need Eliot Spitzer, we need Eliot Ness! And ironically, he'd be going after "The Untouchables."

+11 # ER444 2011-05-18 09:51

Go, Eric !!!

+11 # Tom Camfield 2011-05-18 10:22

These shady financiers don't belong on the streets while some languish behind bars for some relatively simple thing like an isolated burglary or two. It remains a class society . . . and is ever getting more so.

+16 # KittatinyHawk 2011-05-18 10:33

I believe that with Rolling Stone, Europe Press now picking up, perhaps Arabs It would be a wise thing for Democrats to take their tails and start to learn how to tuck and roll.
We need people like this to run for office.
We need to overhaul the Democrats and bury the rethugstears.
America cannot afford anymore Abuse of Privilege and We the People better start getting our standing up shoes on...Now is the Time to come to the Aid of your Countrymen.

+16 # in deo veritas 2011-05-18 10:55

The only solution is to re-enact Glass-Steagall which seperates investment banks from the true commercial banks. If this had not been thrown under the bus in the 1990's we would not be in this mess. It is the only way to stop these traitors and thieves. HR1489 is being backed by more in Congress each day. Take the time to contact your reps to see if they are on board and if NOT put the pressure on them! Also Obama and Holder must go after these criminals full speed ahead or they will not deserve a single vote in 2012. They will also have betrayed us if they don't do what is right for the American people!

+8 # rf 2011-05-19 02:57

Glass-Steagall would certainly help but it still needs enforcement and until we start putting the regulators in prison for ignoring their responsibilitie s and getting paid for it while lunching with those they are supposed to regulate, nothing will work. The American work ethic is gone. We now have an American steal ethic.

+7 # mort fineberg 2011-05-18 13:28

My wife has a cousin working on Wall St.
I asked him many years ago--who makes
money on Wall Street? His answer was
very simple: "the professionals."

+3 # Peter R. Mares 2011-05-18 19:09

Well done and well said.

+4 # marilynrssll 2011-05-18 22:10

He'll need help. If you can afford to give him some time/effort, I encourage you. Maybe it's just writing Letters to the Editor in your town.
He's acting in our behalf.

+1 # Jeff Smith 2011-05-24 21:07

The solution, some say, is to forget the flow of land rent to Wall Street, leaving the bankers and brokers powerful beyond reach, but instead to try to reach them with regulators, despite the revolving door cited above. Has never worked and can't work. People got to remember the commonwealth, put the value of land in it, then recover it and share it, a la Alaska's oil dividend.

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