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Posts Tagged ‘heather murren’

Indict, Prosecute, Convict the Fraudsters…Or Else!!

Posted by Larry Doyle on June 2nd, 2010 1:20 PM |

Has America lost the courage to aggressively address those who commit fraud? Is the American public even aware of the massive fraud perpetrated by those in our financial system which led to our current economic crisis? Are those in Washington willing to take a stand, risk their own skins, call out those engaged in fraud, even if some of the fraudsters occupy neighboring seats at nearby regulatory bodies?

Unless we find people in our government who are willing to make these calls, repeat them publicly in a long, loud fashion, and compel prosecutors to issue indictments, then I fear our union will pay a price and incur a cost that may be immeasurable.

Why so strong? Why so strident? (more…)

Is the Financial Crisis Inquiry Commission Providing Cover for FINRA?

Posted by Larry Doyle on May 6th, 2010 11:03 AM |

The Financial Crisis Inquiry Commission is charged with the following:

… a bipartisan commission that has been given a critical non-partisan mission — to examine the causes of the financial crisis that has gripped the country and to report our findings to the Congress, the President, and the American people.

So far, I would grade the Commission’s work as an F, as in failing . . . as in f@*%ing pathetic. Why so harsh?   (more…)

Financial Crisis Inquiry Commission Questioning

Posted by Larry Doyle on January 13th, 2010 11:28 AM |

I did not expect to learn anything riveting from today’s Financial Crisis Inquiry Commission’s questioning of the Wall Street CEOs and I didn’t.  Why?

The executives being questioned represent the survivors or are new to the game. Who are they?

Lloyd Blankfein of Goldman Sachs
Jamie Dimon of JP Morgan
John Mack of Morgan Stanley
Brian Moynihan of Bank of America

The Commission will be at work during calendar 2010, but the initial performance will pack the biggest punch and get the most attention. Why? Simply because the media will provide the greatest coverage to the opening round. (more…)






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