Moral Outrage
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Posts Tagged ‘SEC

Federal regulators who monitor Wall Street are paid big bucks

October 27, 2011

Federal employees at several financial regulatory agencies are earning six-figure salaries according to federal records obtained by Judicial Watch. For example, the new Consumer Financial Protection Bureau or CFPB – created by the 2010 Dodd-Frank financial regulation law – has hired a dozen employees at more than $225,000 per year In addition to the new […]

Justice Department opens Goldman Sachs criminal investigation

May 1, 2010

The Justice Department has opened a criminal investigation into possible securities fraud in mortgage trading at Goldman Sachs, law enforcement sources said Friday. The U.S. attorney’s office in Manhattan and the FBI are conducting the probe, which sources said has been underway for weeks. The sources, who spoke on the condition of anonymity because the […]

Atlas Shrugs at Goldman Sachs Greed

April 27, 2010

Goldman Sachs, the world’s greatest and smuggest investment bank, has been sued for fraud by the American Securities and Exchange Commission. Few people understood that the crash had its roots in the lunatic greed-centered objectivist religion, fostered back in the 50s and 60s by novelist Ayn Rand of “Atlas Shrugged” fame. Some people argue Goldman […]