Comments on: Wall Street Sets the Rules for Regulators https://4closurefraud.org/2012/08/20/wall-street-sets-the-rules-for-regulators/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Tue, 21 Aug 2012 04:08:01 +0000 hourly 1 https://wordpress.org/?v=7.0.7 By: chitown2020 https://4closurefraud.org/2012/08/20/wall-street-sets-the-rules-for-regulators/#comment-401320 Tue, 21 Aug 2012 04:08:01 +0000 https://4closurefraud.org/?p=51879#comment-401320 It is sad that things really are this bad.

]]> By: tonycat https://4closurefraud.org/2012/08/20/wall-street-sets-the-rules-for-regulators/#comment-401238 Mon, 20 Aug 2012 19:22:33 +0000 https://4closurefraud.org/?p=51879#comment-401238 Vote them out! However, what is scary is what we will get in their place. What to do?

]]> By: Oliver Wendell Holmes https://4closurefraud.org/2012/08/20/wall-street-sets-the-rules-for-regulators/#comment-401223 Mon, 20 Aug 2012 17:32:40 +0000 https://4closurefraud.org/?p=51879#comment-401223 In reply to Hell No, No More Blasted Bankster Bail-Outs.

But how about the willing participants like Julie Williams and her temporary boss John Walsh, both of whom have demonstrated utter disregard for Regulatory conduct, as in Regulate. Those stooges and their bosses , Tiny Tim, Eric (Covington…) Holder, and Mr. Hope and Change himself, et al, have openly declared their loyalty to Wall Street and the banksters: that the bankster fraud may be immoral, but not illegal…when FRAUD is what the banksters themselves admitted to and paid a slap-on-the-wrist fine for it.
They speak with a forked tounge, and do the exact opposite of what they promise to do.

]]> By: Hell No, No More Blasted Bankster Bail-Outs https://4closurefraud.org/2012/08/20/wall-street-sets-the-rules-for-regulators/#comment-401203 Mon, 20 Aug 2012 15:20:16 +0000 https://4closurefraud.org/?p=51879#comment-401203 What this author failed to also note is that the very same tactic has been pulled on the SEC by congress. The funding for the SEC to regulate has been extremely impacted by the size of the SEC’s budget for regulatory actions. Yet this part of the SEC has been known to collect more than the outlay for the SEC actions. Unfortunately the fines collected do not get added to the SEC’s budget. The SEC’s actions bring in more than the outlay, but still congress decreased the funding for the SEC.

Wall St is writing the rules for the SEC regulators, not just for the CFTC.

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