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The American Empire in a Changing World



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Wednesday, August 17, 2011

Matt Taibbi: "Is the SEC Covering Up Wall Street Crimes?"

somehow, we are not surprised.................matt's latest from rolling stone......

................"By whitewashing the files of some of the nation's worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG. With a few strokes of the keyboard, the evidence gathered during thousands of investigations – "18,000 ... including Madoff," as one high-ranking SEC official put it during a panicked meeting about the destruction – have apparently disappeared forever into the wormhole of history'.........READ MORE

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