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Crime Scene Cleanup

This story has a long crime scene cleanup tale. Note its beginning with tells of hell for those causing crime scene clanup's invocation.

The inspiration for this particular take on Dante's Divine Comedy comes from the wonderful blog by William K. Black. Although not a certified crime scene cleaner, Mr. Black's writing have gove a great distanice highlighting corporate and government crime. No, he as not joined the fight against Orange County Consumer Fraud.

Dante’s Divine Comedy: Banksters Edition
a rewrite of William K. Black's blog.
(Cross-posted from Benzinga)

Sixty Minutes’ December 11, 2011 presented our President Obama. During that show he claimed that certain characters related to the 2008 Wall Street stickup had violated numerous laws. With that said, he not elaborate and 60 Minutes failed to get the pertinent information.

“I can tell you, just from 40,000 feet, that some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn't illegal.”

We might wonder why Obama failed to explain why Wall Street actions he considers the least unethical were not illegal. Why not let the law loose on these pond scum and see where it leads?

Obama would have done the world a great service had he been asked these questions. He would not have given a coherent answer because his thinking on these issues has never been coherent. If he had to explain his position he, and the public, would recognize it was indefensible.

Here we consider the behavior related to fraudulent mortgages and mortgage paper (principally collateralized debt obligations (CDOs)) that is illegal and deserved punishment. We look to an analytical discussion leading to exposure of the Bush and Obama “Presidential Amnesty for Contributors” (PAC) doctrine. The financial industry contributes more to campaigns for both parties. The wealthiest officers contribute the most. It's sort of like they're paying an insurance policy. They come from the one-tenth of one percent that thrives by being parasites on the 99 percent.

Send the Wall Street criminals to a Generic Hardcore Prison: A life of boredom and the almost total loss of freedom. At no time will they ever have an opportunity to read Buena Park.

Thousands of the big bank officers lead the charge to cause thousands of homeowners to lose their homes. They belong in level 4 of Dante's Inferno.

level 4: The banksters who cost us our money instead of our homes – Goldman Sachs & friends

Generic Prison: A life of boredom and a severe loss of freedom

The officers that led the control frauds who targeted their customers for the purchase of more than $10 million in fraudulent product. Dozens of officers fall in this category.

Level 3: The banksters’ senior lieutenants who cost us our money instead of our homes

Prisons designed for serious, but less physically dangerous felons

These will house senior bankster and officers of the control frauds who who ganged up on their customers. They caused purchases in over $10 million in fraudulent product. Many of these type of gangsters officers fall in this category. They may have shinny shoes, but their ethics fail to reflect the slightest honesty.

Level 2: Banksters who defrauded other bankers (who were willing to be defrauded)

Privatized prisons: Let them enjoy the consequences of their odes to privatization. But first, let them do time in the Orange County "queen tank." About 9 months will help clear up their faulty touch with morality.

 

Level 1: Small fraudulent fry

These everyday ethically challanged individuals will remind readers of Orange County's coroner employees involved in cronyism. Let's put them on probation if they cooperate with the investigations into Wall Stree fraud.

These small fry loan officers, loan broker employees, and borrowers knowingly took part in the creation of fraudulent mortgage loans. There's over 100,000 of these individuals serving the 1 percent.

 

Hundreds of senior bank officers fall into the mutual fraud pond. They helped create and control tens of billions of dollars of fraudulent loans. With these, they traded back and forth through fraudulent “reps and warranties.” They all know what they were doing amounted to fraud. They knew many thousands of innocent victims would take the hit for their criminality.