Friday, May 13, 2011

Color Me "Unimpressed"

The consistent presence of [U.S. Attorney Preet] Bharara at the largest insider trading case in a generation — and the office’s resounding victory on Wednesday — signaled that the chief federal prosecutor in Manhattan was back as the sheriff of Wall Street.
Ayup. They prosecuted some arrogant fuck who couldn't recognize when the government had the goods on him. I'm sure that Raj Rajaratnam had a sixpack of $1,000/hr defense lawyers, but that doesn't mean that he listened to them.

I will remain unimpressed by the so-called "sheriffs of Wall Street" until they manage to send some of the top brass of Goldman Sachs off to FCI Butler, NC to bunk with Bernie Madoff. Insider trading convictions are like prosecuting traffic tickets, in comparison to what it will take to lock up some of the thieves of Goldman Sachs, AIG and the other banksters at places like JPMorganChase, Bank of America, Citibank, HSBI, UBS and the rest of those $5,000 suit-wearing criminals.

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