matthewstoller
Matt Stoller
Hope RT@ritholtz: Bush/Obama Fraud Prosecutions Down 39% Since 2003 dlvr.it/SxGTv $$
Johngcole
John Cole
@matthewstoller Before we get emo, what are the numbers 2003-2008 and then 2009 to present?
@matthewstoller Before we get emo, what are the numbers 2003-2008 and then 2009 to present?
Johngcole
John Cole
@matthewstoller It is widely known that during the Bush years resources were shifted away from prosecuting fin… (cont) http://deck.ly/~djMbe
@matthewstoller It is widely known that during the Bush years resources were shifted away from prosecuting fin… (cont) http://deck.ly/~djMbe
matthewstoller
Matt Stoller
@Johngcole There were serious law enforcement resources during S&L scandal, not so much now. Bush and Obama follow same policy.
@Johngcole There were serious law enforcement resources during S&L scandal, not so much now. Bush and Obama follow same policy.
matthewstoller
Matt Stoller
@Johngcole 3000 white collar execs in jail during S&L scandal. 0 today. Sorry if that's too emo for you.
@Johngcole 3000 white collar execs in jail during S&L scandal. 0 today. Sorry if that's too emo for you.
Johngcole
John Cole
@matthewstoller You are missing the ppoint. What are the numbers year by year. You don't just ramp up prosecutions over night.
@matthewstoller You are missing the ppoint. What are the numbers year by year. You don't just ramp up prosecutions over night.
Johngcole
John Cole
@matthewstoller And the S&L crisis and current crisis are unrelated. Other than that, the analogy ROCKS!
@matthewstoller And the S&L crisis and current crisis are unrelated. Other than that, the analogy ROCKS!
matthewstoller
Matt Stoller
@Johngcole yes they are intimately related. both massive control frauds perpetrated by deregulated financial architecture.
@Johngcole yes they are intimately related. both massive control frauds perpetrated by deregulated financial architecture.
Johngcole
John Cole
@matthewstoller One more time before I give up. Are prosecutions increasing or decreasing since the Bush years?
@matthewstoller One more time before I give up. Are prosecutions increasing or decreasing since the Bush years?
matthewstoller
Matt Stoller
@Johngcole same level. Irrelevant petty level mortgage fraud (usually borrower side) up, control fraud still basically nothing.
@Johngcole same level. Irrelevant petty level mortgage fraud (usually borrower side) up, control fraud still basically nothing.
matthewstoller
Matt Stoller
@Johngcole also nature of crime is different, today it's foreclosure fraud
@Johngcole also nature of crime is different, today it's foreclosure fraud
Johngcole
John Cole
@matthewstoller One last time. Are prosecution numbers trending up or down? Yes, they are down as compared to 2003 before dept was gutted
@matthewstoller One last time. Are prosecution numbers trending up or down? Yes, they are down as compared to 2003 before dept was gutted
matthewstoller
Matt Stoller
@Johngcole and holder helped bofa attempt to deal with wikileaks. The evidence on the policy is overwhelming.
@Johngcole and holder helped bofa attempt to deal with wikileaks. The evidence on the policy is overwhelming.
Johngcole
John Cole
@matthewstoller Do you not understand what I am asking? I think we both agree we would like to see a lot more financial prosecutions.
@matthewstoller Do you not understand what I am asking? I think we both agree we would like to see a lot more financial prosecutions.
matthewstoller
Matt Stoller
@Johngcole no, I don't think you care, I think you're defending Obama. Nothing else explains your astonishing ignorance.
@Johngcole no, I don't think you care, I think you're defending Obama. Nothing else explains your astonishing ignorance.
Johngcole
John Cole
@matthewstoller Jesus christ. I AM ASKING A SIMPLE QUESTION. I'm not defending anyone. And now you are telling me what I care about.
@matthewstoller Jesus christ. I AM ASKING A SIMPLE QUESTION. I'm not defending anyone. And now you are telling me what I care about.
matthewstoller
Matt Stoller
@Johngcole No, you were demanding more proof before we get # "emo". There's plenty on this question. Watch Inside Job or read Bill Black.
@Johngcole No, you were demanding more proof before we get # "emo". There's plenty on this question. Watch Inside Job or read Bill Black.
matthewstoller
Matt Stoller
@Johngcole From mindless GOP partisan to mindless Dem partisan. Always needing a big Daddy to tell you what to think and who to hate.
@Johngcole From mindless GOP partisan to mindless Dem partisan. Always needing a big Daddy to tell you what to think and who to hate.
Johngcole
John Cole
@matthewstoller Do you even know the answer? I don't. What are the prosecution numbers 2003- 2008 and 2009 to present?
@matthewstoller Do you even know the answer? I don't. What are the prosecution numbers 2003- 2008 and 2009 to present?
Johngcole
John Cole
@matthewstoller And the S&L crisis was in the 90's. What the hell does that have to do with numbers from 2003 to present?
@matthewstoller And the S&L crisis was in the 90's. What the hell does that have to do with numbers from 2003 to present?
matthewstoller
Matt Stoller
@Johngcole It's the closest analogy and is similar in terms of resource need.
@Johngcole It's the closest analogy and is similar in terms of resource need.
Johngcole
John Cole
@matthewstoller Except that all the resources to prosecute fraud were not shifted to fight terrorism in the years prior to the S&L
@matthewstoller Except that all the resources to prosecute fraud were not shifted to fight terrorism in the years prior to the S&L
