http://www.bloomberg.com/apps/news?pid=20601109&sid=axH24KWxjVDE&pos=10
No nothing to see here because the Justice Dept made a deal, to only prosecute the peons rather than the banks
This makes it rather obvious just WHO destroyed the World's financial system and how they ALL did it.
The question is why is the Mafia prosecuted while "the banks" are allowed to consider it business as usual and get away with it?
Why are they given AMNESTY? Because they OWN the government
May 18 (Bloomberg) -- A telephone call between a financial adviser in Beverly Hills and a trader in New York was all it took to fleece taxpayers on a water-and-sewer financing deal in West Virginia. The secret conversation was part of a conspiracy stretching across the U.S. by Wall Street banks in the $2.8 trillion municipal bond market.
The call came less than two hours before bids were due for contracts to manage $90 million raised with the sale of West Virginia bonds. On one end of the line was Steven Goldberg, a trader with Financial Security Assurance Holdings Ltd. On the other was Zevi Wolmark, of advisory firm CDR Financial Products Inc. Goldberg arranged to pay a kickback to CDR to land the deal, according to government records filed in connection with a U.S. Justice Department indictment of CDR and Wolmark.
[B]They rigged bids on auctions for so-called guaranteed investment contracts, known as GICs, according to a Justice Department list that was filed in U.S. District Court in Manhattan on March 24 and then put under seal. Those contracts hold tens of billions of taxpayer money[/B].
[B]Amnesty Agreement
In exchange, the government promised in an amnesty agreement not to prosecute the bank[/B]
