Is the SEC Covering Up Wall
Street Crimes
Breaking News August 21, 2011
Criminal Referral Filed on Larry Mizel MDC NYSE to SEC and NYSE
Breaking News May 14, 2010
http://www.stewwebb.com
Criminal Referral Filed on Larry Mizel MDC NYSE to SEC and NYSE
Whistleblower filing
Breaking News May 14, 2010
Larry Mizel
MDC NYSE Organized Crime Syndicate
http://www.stewwebb.com/criminal_referral_filed_on_larry_mizel_mdc_nyse_to_sec_and_nyse_05142010.htm
May 6th Market Event MDC Holdings,
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Financial News MDC NYSE Emergency
Update
Thursday May 6, 2010 Larry Mizel,
Stole $500
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Funds used
Fed Trading Window with Obama
approval…
Financial Emergency Update
Wall Street Profits May 6 2010
Is the SEC
Covering Up Wall Street Crimes?
http://www.rollingstone.com/politics/news/is-the-sec-covering-up-wall-street-crimes-20110817
A
whistle-blower claims that over the past two decades, the agency has destroyed
records of thousands of investigations, whitewashing the files of some of the nation's
worst financial criminals.
By Matt Taibbi
August 17, 2011 8:00 AM ET
Pete Gardner/Getty
Imagine a world in which a man who
is repeatedly investigated for a string of serious crimes, but never
prosecuted, has his slate wiped clean every time the cops fail to make a case.
No more Lifetime channel specials where the murderer is unveiled after police
stumble upon past intrigues in some old file – "Hey, chief, didja know this guy had two wives die falling down
the stairs?" No more burglary sprees cracked when some sharp cop sees the
same name pop up in one too many witness statements. This is a different world,
one far friendlier to lawbreakers, where even the suspicion of
wrongdoing gets wiped from the record.
That, it now appears, is exactly how
the Securities and Exchange Commission has been treating the Wall Street
criminals who cratered the global economy a few years back. For the past two
decades, according to a whistle-blower at the SEC who recently came forward to
Congress, the agency has been systematically destroying records of its
preliminary investigations once they are closed. 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 – has apparently disappeared
forever into the wormhole of history.
Under a deal the SEC worked out with
the National Archives and Records Administration, all of the agency's records –
"including case files relating to preliminary investigations" – are
supposed to be maintained for at least 25 years. But the SEC, using
history-altering practices that for once actually deserve the overused and
usually hysterical term "Orwellian," devised an elaborate and
possibly illegal system under which staffers were directed to dispose of the
documents from any preliminary inquiry that did not receive approval from
senior staff to become a full-blown, formal investigation. Amazingly, the
wholesale destruction of the cases – known as MUIs, or "Matters Under Inquiry" – was not something done on the sly, in
secret. The enforcement division of the SEC even spelled out the procedure in
writing, on the commission's internal website. "After you have closed a
MUI that has not become an investigation," the site advised staffers,
"you should dispose of any documents obtained in connection with the
MUI."
Many of the destroyed files involved
companies and individuals who would later play prominent roles in the economic
meltdown of 2008. Two MUIs involving con artist Bernie Madoff
vanished. So did a 2002 inquiry into financial fraud at Lehman Brothers, as
well as a 2005 case of insider trading at the same soon-to-be-bankrupt bank. A
2009 preliminary investigation of insider trading by Goldman Sachs was deleted,
along with records for at least three cases involving the infamous hedge fund
SAC Capital.
The widespread destruction of
records was brought to the attention of Congress in July, when an SEC attorney
named Darcy Flynn decided to blow the whistle. According to Flynn, who was
responsible for helping to manage the commission's records, the SEC has been
destroying records of preliminary investigations since at least 1993. After he
alerted NARA to the problem, Flynn reports, senior staff at the SEC scrambled
to hide the commission's improprieties.
As a federally protected
whistle-blower, Flynn is not permitted to speak to the press. But in evidence
he presented to the SEC's inspector general and three congressional committees
earlier this summer, the 13-year veteran of the agency paints a startling
picture of a federal police force that has effectively been conquered by the
financial criminals it is charged with investigating. In at least one case,
according to Flynn, investigators at the SEC found their desire to bring a case
against an influential bank thwarted by senior officials in the enforcement
division – whose director turned around and accepted a lucrative job from the
very same bank they had been prevented from investigating. In another case, the
agency farmed out its inquiry to a private law firm – one hired by the company
under investigation. The outside firm, unsurprisingly, concluded that no
further investigation of its client was necessary. To complete the bureaucratic
laundering process, Flynn says, the SEC dropped the case and destroyed the
files.
Much has been made in recent months
of the government's glaring failure to police Wall Street; to date, federal and
state prosecutors have yet to put a single senior Wall Street executive behind
bars for any of the many well-documented crimes related to the financial
crisis. Indeed, Flynn's accusations dovetail with a recent series of damaging
critiques of the SEC made by reporters, watchdog groups and members of Congress,
all of which seem to indicate that top federal regulators spend more time
lunching, schmoozing and job-interviewing with Wall Street crooks than they do
catching them. As one former SEC staffer describes it, the agency is now filled
with so many Wall Street hotshots from oft-investigated banks that it has been
"infected with the Goldman mindset from within."
The destruction of records by the
SEC, as outlined by Flynn, is something far more than an administrative
accident or bureaucratic fuck-up. It's a symptom of the agency's terminal brain
damage. Somewhere along the line, those at the SEC responsible for policing
America's banks fell and hit their head on a big pile of Wall Street's money –
a blow from which the agency has never recovered. "From what I've seen, it
looks as if the SEC might have sanctioned some level of case-related document
destruction," says Sen. Chuck Grassley, the ranking Republican on the
Senate Judiciary Committee, whose staff has interviewed Flynn. "It doesn't
make sense that an agency responsible for investigations would want to get rid
of potential evidence. If these charges are true, the agency needs to explain
why it destroyed documents, how many documents it destroyed over what time
frame and to what extent its actions were consistent with the law."
How did
officials at the SEC wind up with a faithful veteran employee – a conservative,
mid-level attorney described as a highly reluctant whistle-blower – spilling
the agency's most sordid secrets to Congress? In a way, they asked for it.
On May 18th
of this year, SEC enforcement director Robert Khuzami
sent out a mass e-mail to the agency's staff with the subject line
"Lawyers Behaving Badly." In it, Khuzami
asked his subordinates to report any experiences they might have had where
"the behavior of counsel representing clients in... investigations has
been questionable."
Khuzami was asking staffers
to recount any stories of outside
counsel behaving unethically. But Flynn apparently thought his boss was looking
for examples of lawyers "behaving badly" anywhere, including within the SEC. And he had
a story to share he'd kept a lid on for years. "Mr. Khuzami
may have gotten something more than he expected," Flynn's lawyer, a former
SEC whistle-blower named Gary Aguirre, later explained to Congress.
Flynn
responded to Khuzami with a letter laying out one
such example of misbehaving lawyers within the SEC. It involved a case from
very early in Flynn's career, back in 2000, when he was working with a group of
investigators who thought they had a "slam-dunk" case against
Deutsche Bank, the German financial giant. A few years earlier, Rolf Breuer,
the bank's CEO, had given an interview to Der Spiegel in which he
denied that Deutsche was involved in übernahmegespräche
– takeover talks – to acquire a rival American firm, Bankers Trust. But the
statement was apparently untrue – and it sent the stock of Bankers Trust
tumbling, potentially lowering the price for the merger. Flynn and his fellow
SEC investigators, suspecting that investors of Bankers Trust had been
defrauded, opened a MUI on the case.
A Matter
Under Inquiry is just a preliminary sort of look-see – a way for the SEC to
check out the multitude of tips it gets about suspicious trades, shady stock
scams and false disclosures, and to determine which of the accusations merit a
formal investigation. At the MUI stage, an SEC investigator can conduct
interviews or ask a bank to send in information voluntarily. Bumping a MUI up
to a formal investigation is critical, because it enables investigators to pull
out the full law-enforcement ass-kicking measures – subpoenas, depositions,
everything short of hot pokers and waterboarding.
In the Deutsche case, Flynn and other SEC investigators got past the MUI stage
and used their powers to collect sworn testimony and documents indicating that
plenty of übernahmegespräche
indeed had been going on when Breuer spoke to Der Spiegel. Based on the
evidence, they sent an "Action Memorandum" to senior SEC staff,
formally recommending that the agency press forward and file suit against
Deutsche.
Breuer
responded to the threat as big banks like Deutsche often do: He hired a former
SEC enforcement director to lobby the agency to back off. The ex-insider, Gary
Lynch, launched a creative and inspired defense, producing a linguistic expert
who argued that übernahmegespräche
only means "advanced stage of discussions." Nevertheless, the request
to proceed with the case was approved by several levels of the SEC's staff. All
that was needed to move forward was a thumbs-up from the director of
enforcement at the time, Richard Walker.
But then a
curious thing happened. On July 10th, 2001, Flynn and the other investigators
were informed that Walker was mysteriously recusing
himself from the Deutsche case. Two weeks later, on July 23rd, the enforcement
division sent a letter to Deutsche that read, "Inquiry in the
above-captioned matter has been terminated." The bank was in the clear;
the SEC was dropping its fraud investigation. In contradiction to the agency's
usual practice, it provided no explanation for its decision to close the case.
On October
1st of that year, the mystery was solved: Dick Walker was named general counsel
of Deutsche. Less than 10 weeks after the SEC shut down its investigation of
the bank, the agency's director of enforcement was handed a cushy, high-priced
job at Deutsche.
Deutsche's influence in the
case didn't stop there. A few years later, in 2004, Walker hired none other
than Robert Khuzami, a young federal prosecutor, to
join him at Deutsche. The two would remain at the bank until February 2009,
when Khuzami joined the SEC as Flynn's new boss in
the enforcement division. When Flynn sent his letter to Khuzami
complaining about misbehavior by Walker, he was calling out Khuzami's
own mentor.
The circular
nature of the case illustrates the revolving-door dynamic that has become
pervasive at the SEC. A recent study by the Project on Government Oversight
found that over the past five years, former SEC personnel filed 789 notices
disclosing their intent to represent outside companies before the agency –
sometimes within days
of their having left the SEC. More than half of the disclosures came from the
agency's enforcement division, who went to bat for the financial industry four
times more often than ex-staffers from other wings of the SEC.
Even a
cursory glance at a list of the agency's most recent enforcement directors
makes it clear that the SEC's top policemen almost always wind up jumping
straight to jobs representing the banks they were supposed to regulate. Lynch,
who represented Deutsche in the Flynn case, served as the agency's enforcement
chief from 1985 to 1989, before moving to the firm of Davis Polk, which boasts
many top Wall Street clients. He was succeeded by William McLucas, who left the
SEC in 1998 to work for WilmerHale, a Wall Street
defense firm so notorious for snatching up top agency veterans that it is
sometimes referred to as "SEC West." McLucas was followed by Dick
Walker, who defected to Deutsche in 2001, and he was in turn followed by
Stephen Cutler, who now serves as general counsel for JP Morgan Chase. Next came Linda Chatman Thomsen, who stepped down to join Davis
Polk, only to be succeeded in 2009 by Khuzami,
Walker's former protégé at Deutsche Bank.
This
merry-go-round of current and former enforcement directors has repeatedly led
to accusations of improprieties. In 2008, in a case cited by the SEC inspector
general, Thomsen went out of her way to pass along valuable information to
Cutler, the former enforcement director who had gone to work for JP Morgan.
According to the inspector general, Thomsen signaled Cutler that the SEC was
unlikely to take action that would hamper JP Morgan's move to buy up Bear
Stearns. In another case, the inspector general found, an assistant director of
enforcement was instrumental in slowing down an investigation into the $7
billion Ponzi scheme allegedly run by Texas con
artist R. Allen Stanford – and then left the SEC to work for Stanford, despite
explicitly being denied permission to do so by the agency's ethics office.
"Every lawyer in Texas and beyond is going to get rich on this case,
OK?" the official later explained. "I hated being on the
sidelines."
Small wonder, then, that SEC
staffers often have trouble getting their bosses to approve full-blown
investigations against even the most blatant financial criminals. For a
fledgling MUI to become a formal investigation, it has to make the treacherous
leap from the lower rungs of career-level staffers like Flynn all the way up to
the revolving-door level at the top, where senior management is composed
largely of high-priced appointees from the private sector who have strong
social and professional ties to the very banks they are charged with
regulating. And if senior management didn't approve an investigation, the
documents often wound up being destroyed – as Flynn would later discover.
After the Deutsche fiasco over
Bankers Trust, Flynn continued to work at the SEC for four more years. He
briefly left the agency to dabble in real estate, then
returned in 2008 to serve as an attorney in the enforcement division. In
January 2010, he accepted new responsibilities that included helping to manage
the disposition of records for the division – and it was then he first became
aware of the agency's possibly unlawful destruction of MUI records.
Flynn discovered a directive on the
enforcement division's internal website ordering staff to destroy "any
records obtained in connection" with closed MUIs. The directive appeared
to violate federal law, which gives responsibility for maintaining and
destroying all records to the National Archives and Records Administration.
Over a decade earlier, in fact, the SEC had struck a deal with NARA stipulating
that investigative records were to be maintained for 25 years – and that if any
files were to be destroyed after that, the shredding was to be done by NARA,
not the SEC.
But Flynn soon learned that the
records for thousands of preliminary investigations no longer existed. In his
letter to Congress, Flynn estimates that the practice of destroying MUIs had
begun as early as 1993, and has resulted in at least 9,000 case files being
destroyed. For all the thousands of tips that had come in to the SEC, and the
thousands of interviews that had been conducted by the agency's staff, all that
remained were a few perfunctory lines for each case. The mountains of evidence
gathered were no longer in existence.
To read through the list of dead and
buried cases that Flynn submitted to Congress is like looking through an
infrared camera at a haunted house of the financial crisis, with the ghosts of
missed prosecutions flashing back and forth across the screen. A snippet of the
list:
|
PARTY |
MUI # |
OPENED/CLOSED |
ISSUE |
|
Goldman Sachs |
MLA-01909 |
6/99 - 4/00 |
Market Manipulation |
|
Deutsche Bank |
MHO-09356 |
11/01 - 7/02 |
Insider Trading |
|
Deutsche Bank |
MHO-09432 |
2/02 - 8/02 |
Market Manipulation |
|
Lehman Brothers |
MNY-07013 |
3/02 - 7/02 |
Financial Fraud |
|
Goldman Sachs |
MNY-08198 |
11/09 - 12/09 |
Insider Trading |
One MUI – case MNY-08145 – involved
allegations of insider trading at AIG on September 15th, 2008, right in the
middle of the insurance giant's collapse. In that case, an AIG employee named
Jacqueline Millan reported irregularities in the
trading of AIG stock to her superiors, only to find herself fired. Incredibly,
instead of looking into the matter itself, the SEC agreed to accept "an
internal investigation by outside counsel or AIG." The last note in the file
indicates that "the staff plans to speak with the outside attorneys on
Monday, August 24th [2009], when they will share their findings with us."
The fact that the SEC trusted AIG's lawyers to investigate the matter shows the
basic bassackwardness of the agency's approach to
these crash-era investigations. The SEC formally closed the case on October
1st, 2009.
The episode with AIG highlights yet
another obstacle that MUIs experience on the road to becoming formal
investigations. During the past decade, the SEC routinely began allowing
financial firms to investigate themselves. Imagine the LAPD politely asking a
gang of Crips and their lawyers to issue a report on
whether or not a drive-by shooting by the Crips
should be brought before a grand jury – that's basically how the SEC now
handles many preliminary investigations against Wall Street targets.
The evolution toward this
self-policing model began in 2001, when a shipping and food-service
conglomerate called Seaboard aggressively investigated an isolated case of
accounting fraud at one of its subsidiaries. Seaboard fired the guilty parties
and made sweeping changes to its internal practices – and the SEC was so
impressed that it instituted a new policy of giving "credit" to
companies that police themselves. In practice, that means the agency simply
steps aside and allows companies to slap themselves on the wrists. In the case
against Seaboard, for instance, the SEC rewarded the firm by issuing no fines
against it.
According to Lynn Turner, a former
chief accountant at the SEC, the Seaboard case also prompted the SEC to begin
permitting companies to hire their own counsel to conduct their own inquiries.
At first, he says, the process worked fairly well. But then President Bush
appointed the notoriously industry-friendly Christopher Cox to head up the SEC,
and the "outside investigations" turned into whitewash jobs.
"The investigations nowadays are probably not worth the money you spend on
them," Turner says.
Harry Markopolos,
a certified fraud examiner best known for sounding a famously unheeded warning
about Bernie Madoff way back in 2000, says the SEC's
practice of asking suspects to investigate themselves is absurd. In a serious
investigation, he says, "the last person you want to trust is the person
being accused or their lawyer." The practice helped Madoff
escape for years. "The SEC took Bernie's word for everything," Markopolos says.
At the SEC,
having realized that the agency was destroying documents, Flynn became
concerned that he was overseeing an illegal policy. So in the summer of last
year, he reached out to NARA, asking them for guidance on the issue.
That request
sparked a worried response from Paul Wester, NARA's
director of modern records. On July 29th, 2010, Wester
sent a letter to Barry Walters, who oversees document requests for the SEC.
"We recently learned from Darcy Flynn... that for the past 17 years the
SEC has been destroying closed Matters Under Inquiry
files," Wester wrote. "If you confirm that
federal records have been destroyed improperly, please ensure that no further
such disposals take place and provide us with a written report within 30
days."
Wester copied the letter to
Adam Storch, a former Goldman Sachs executive who
less than a year earlier had been appointed as managing executive of the SEC's
enforcement division. Storch's appointment was not
without controversy. "I'm not sure what's scarier," Daniel Indiviglio of The
Atlantic observed, "that this guy worked at an investment bank
that many believe has questionable ethics and too cozy a Washington connection,
or that he's just 29." In any case, Storch
reacted to the NARA letter the way the SEC often does – by circling the wagons
and straining to find a way to blow off the problem without admitting anything.
Last August,
as the clock wound down on NARA's 30-day deadline, Storch
and two top SEC lawyers held a meeting with Flynn to discuss how to respond.
Flynn's notes from the meeting, which he passed along to Congress, show the SEC
staff wondering aloud if admitting the truth to NARA might be a bad idea, given
the fact that there might be criminal liability.
"We
could say that we do not believe there has been disposal inconsistent with the
schedule," Flynn quotes Ken Hall, an assistant chief counsel for the SEC,
as saying.
"There
are implications to admit what was destroyed," Storch chimed in. It would be "not wise for me to take
on the exposure voluntarily. If this leads to something, what rings in my ear
is that Barry [Walters, the SEC documents officer] said: This is serious, could
lead to criminal liability."
When the
subject of how many files were destroyed came up, Storch
answered: "18,000 MUIs destroyed, including Madoff."
Four days
later, the SEC responded to NARA with a hilariously convoluted nondenial denial. "The Division is not aware of any
specific instances of the destruction of records from any other MUI," the
letter states. "But we cannot say with certainty that no such documents
have been destroyed over the past 17 years." The letter goes on to add that
"the Division has taken steps... to ensure that no MUI records are
destroyed while we review this issue."
Translation:
Hey, maybe records were destroyed, maybe they weren't. But if we did destroy
records, we promise not to do it again – for now.
The SEC's
unwillingness to admit the extent of the wrong doing left Flynn in a precarious
position. The agency has a remarkably bad record when it comes to dealing with
whistle-blowers. Back in 2005, when Flynn's attorney, Gary Aguirre, tried to
pursue an insider-trading case against Pequot Capital that involved John Mack,
the future CEO of Morgan Stanley, he was fired by phone while on vacation. Two
Senate committees later determined that Aguirre, who has since opened a private
practice representing whistle-blowers, was dismissed improperly as part of a
"process of reprisal" by the SEC. Two whistle-blowers in the Stanford
case, Julie Preuitt and Joel Sauer, also experienced
retaliation – including reprimands and demotions – after raising concerns about
superficial investigations. "There's no mechanism to raise these issues at
the SEC," says another former whistle-blower. Contacting the agency's
inspector general, he adds, is considered "the nuclear option" – a
move "well-known to be a career-killer."
In Flynn's
case, both he and Aguirre tried to keep the matter in-house, appealing to SEC
chairman Mary Schapiro with a promise not to go outside the agency if she would
grant Flynn protection against reprisal. When no such offer was forthcoming,
Flynn went to the agency's inspector general before sending a detailed letter
about the wrongdoing to three congressional committees.
One of the
offices Flynn contacted was that of Sen. Grassley, who was in the midst of his
own battle with the SEC. Frustrated with the agency's failure to punish major
players on Wall Street, the Iowa Republican had begun an investigation into how
the SEC follows up on outside complaints. Specifically, he wrote a letter to
FINRA, another regulatory agency, to ask how many complaints it had referred to
the SEC about SAC Capital, the hedge fund run by reptilian billionaire
short-seller Stevie Cohen.
SAC has long
been accused of a variety of improprieties, from insider trading to harassment.
But no charge in recent Wall Street history is crazier than an episode
involving a SAC executive named Ping Jiang, who was accused in 2006 of enacting
a torturous hazing program. According to a civil lawsuit that was later
dropped, Jiang allegedly forced a new trader named Andrew Tong to take female
hormones, come to work wearing a dress and lipstick, have "foreign
objects" inserted in his rectum, and allow Jiang to urinate in his mouth.
(I'm not making this up.)
Grassley
learned that over the past decade, FINRA had referred 19 complaints about
suspicious trades at SAC to federal regulators. Curious to see how many of
those referrals had been looked into, Grassley wrote the SEC on May 24th,
asking for evidence that the agency had properly investigated the cases.
Two weeks
later, on June 9th, Khuzami sent Grassley a
surprisingly brusque answer: "We generally do not comment on the status of
investigations or related referrals, and, in turn, are not providing
information concerning the specific FINRA referrals you identified."
Translation: We're not giving you the records, so blow us.
Grassley
later found out from FINRA that it had actually referred 65 cases about SAC to
the SEC, making the lack of serious investigations even more inexplicable.
Angered by Khuzami's response, he sent the SEC
another letter on June 15th demanding an explanation, but no answer has been
forthcoming.
In the
interim, Grassley's office was contacted by Flynn, who explained that among the
missing MUIs he had uncovered were at least three involving SAC – one in 2006,
one in 2007 and one in 2010, involving charges of insider trading and currency
manipulation. All three cases were closed by the SEC, and the records
apparently destroyed.
On August
17th, Grassley sent a letter to the SEC about the Flynn allegations, demanding
to know if it was indeed true that the SEC had destroyed records. He also asked
if the agency's failure to produce evidence of investigations into SAC Capital
were related to the missing MUIs.
The SEC's
inspector general is investigating the destroyed MUIs and plans to issue a
report. NARA is also seeking answers. "We've asked the SEC to look into
the matter and we're awaiting their response," says Laurence Brewer, a
records officer for NARA. For its part, the SEC is trying to explain away the
illegality of its actions through a semantic trick. John Nester, the agency's
spokesman, acknowledges that "documents related to MUIs" have been
destroyed. "I don't have any reason to believe that it hasn't always been
the policy," he says. But Nester suggests that such documents do not "meet
the federal definition of a record," and therefore don't have to be
preserved under federal law.
But even if
SEC officials manage to dodge criminal charges, it won't change what happened:
The nation's top financial police destroyed more than a decade's worth of
intelligence they had gathered on some of Wall Street's most egregious
offenders. "The SEC not keeping the MUIs – you can see why this would be
bad," says Markopolos, the fraud examiner famous
for breaking the Madoff case. "The reason you
would want to keep them is to build a pattern. That way, if you get five MUIs
over a period of 20 years on something similar involving the same company, you
should be able to connect five dots and say, 'You know, I've had five MUIs –
they're probably doing something. Let's go tear the place apart.'" Destroy
the MUIs, and Wall Street banks can commit the exact same crime over and over,
without anyone ever knowing.
Regulation
isn't a panacea. The SEC could have placed federal agents on every corner of
lower Manhattan throughout the past decade, and it might not have put a dent in
the massive wave of corruption and fraud that left the economy in flames three
years ago. And even if SEC staffers from top to bottom had been fully committed
to rooting out financial corruption, the agency would still have been seriously
hampered by a lack of resources that often forces it to abandon promising cases
due to a shortage of manpower. "It's always a triage," is how one SEC
veteran puts it. "And it's worse now."
But we're
equally in the dark about another hypothetical. Forget about what might have
been if the SEC had followed up in earnest on all of those lost MUIs. What if even a
handful of them had turned into real cases? How many investors might have been
saved from crushing losses if Lehman Brothers had been forced to reveal its
shady accounting way back in 2002? Might the need for taxpayer bailouts have
been lessened had fraud cases against Citigroup and Bank of America been
pursued in 2005 and 2007? And would the U.S. government have doubled down on
its bailout of AIG if it had known that some of the firm's executives were
suspected of insider trading in September 2008?
It goes
without saying that no ordinary law-enforcement agency would willingly destroy
its own evidence. In fact, when it comes to garden-variety
crooks, more and more police agencies are catching criminals with the aid of
large and well-maintained databases. "Street-level law enforcement is
increasingly data-driven," says Bill Laufer, a
criminology professor at the University of Pennsylvania. "For a host of
reasons, though, we are starved for good data on both white-collar and
corporate crime. So the idea that we would take the little data we do have and
shred it, without a legal requirement to do so, calls for a very creative explanation."
We'll never
know what the impact of those destroyed cases might have been; we'll never know
if those cases were closed for good reasons or bad. We'll never know exactly
who got away with what, because federal regulators have weighted down a huge sack
of Wall Street's dirty laundry and dumped it in a lake, never to be seen again.
Editor’s
Note: The online version of this article has been amended from the print
version to reflect that the SEC’s case against Deutsche Bank proceeded beyond a
Matter of Inquiry to a full-blown investigation.
http://www.rollingstone.com/politics/news/is-the-sec-covering-up-wall-street-crimes-20110817
Matt Taibbi Rolling Stone
http://www.rollingstone.com/politics/blogs/taibblog
Document
Shredding: Why SEC's Defense Won't Fly
POSTED:
August 19, 7:26 AM ET
http://www.rollingstone.com/politics/blogs/taibblog/document-shredding-why-secs-defense-wont-fly-20110819
Taibbi on Olbermann: SEC Covering Up Wall Street Crimes
POSTED:
August 20, 7:45 AM ET
Rolling Stone Magazine
http://smirkingchimp.com/author/matt_taibbi
The Lunatics Who Made a Religion Out of Greed
and Wrecked the Economy
by: Matt
Taibbi
So Goldman
Sachs, the world's greatest and smuggest investment bank, has been sued for
fraud by the American Securities and Exchange Commission. Legally, the case
hangs on a technicality.
Morally,
however, the Goldman Sachs case may turn into a final referendum on the
greed-is-good ethos that conquered America sometime in the 80s – and in the
years since has aped other horrifying American trends such as boybands and reality shows in spreading across the western
world like a venereal disease.
When Britain
and other countries were engulfed in the flood of defaults and derivative
losses that emerged from the collapse of the American housing bubble two years
ago, few people understood that the crash had its roots in the lunatic
greed-centered objectivist religion, fostered back in the 50s and 60s by
ponderous emigre novelist Ayn
Rand.
Max Keiser: 'Goldman Sachs Are Scum'
They are literally stealing a hundred million
dollars a day. Goldman Sachs is stealing every day on the floor of the
exchange. They should be in the Hague, they should be
taken on financial terrorism charges. They should all be thrown in jail”
http://smirkingchimp.com/thread/matt-taibbi/22855/max-keiser-goldman-sachs-are-scum
The real price of Goldman's giganto-profits
"Equity underwriting boomed during the
period as dozens of banks raised money to strengthen capital and repay Troubled
Asset Relief Program funds. The business reported record revenue of $736
million."
-- Wall
Street Journal.
http://smirkingchimp.com/thread/matt-taibbi/22847/the-real-price-of-goldmans-giganto-profits
Eliot Spitzer On Goldman Sachs
"The anti-Goldman sentiment keeps on
growing: next up is Bloomberg’s interview with former Attorney General Eliot
Spitzer in which he chimes in with his views of Taibbi’s
Goldman Sachs article and Goldman’s money making prowess ('because it is a
conspiracy does not mean it is wrong'). In a impressively
coherent presentation, the former Governor also talks about bankrupt states and
the lack of regulation (his family life disclosure may be fast forwarded). Must watch."
-- Eliot Spitzer On Matt Taibbi and Goldman Sachs | zero hedge.
http://smirkingchimp.com/thread/matt-taibbi/22818/eliot-spitzer-on-goldman-sachs
The Great American Bubble Machine
The Great American Bubble Machine: Rolling Stone.
http://smirkingchimp.com/thread/22812
Draw your own conclusions about the distance between
Goldman Sachs and the US government
'The prosecution wanted to the judge to deny
bail, a la Bernie Madoff and Allen Stanford, because
the stolen code "could be use to manipulate the market in unfair
ways." The judge, to his credit chose to disagree. This was an alleged
crime against GOLDMAN, not, presumably a crime against society. Therefore it
was a "garden variety" economic crime, meaning that the normal
niceties of "free on bail" were available.'
-- Is
the U.S. Government An Arm of Goldman Sachs? - Graham and Dodd Investor --
Seeking Alpha.
http://smirkingchimp.com/thread/22792
On The 'Everyone Was Doing It' Excuse
"The [Rolling Stone] article makes a
very compelling case against Goldman Sachs, but I think the problems it
identifies are pervasive in financial firms and corporate America in
general," says Nell Minow, who is the co-founder
of the Corporate Library, a research firm that tracks corporate-governance
issues. "We need to launch substantive financial reform rather than
weighing the faults of one firm versus another." Minow's
point is this: spend too much time on Goldman and you miss the fact of how
broadly the financial system and the regulations that are supposed to keep
profiteers in check failed us. And she's right.
-- Goldman Sachs vs. Rolling Stone: A Wall Street Smackdown - TIME.
http://smirkingchimp.com/thread/matt-taibbi/22725/on-the-everyone-was-doing-it-excuse
The financial institutions that WaPo
dare not name
"Concern over such deal-making reached a fever pitch
last summer, when oil prices were sky high and people were feeling pain at the
gas pump. CFTC data showed last year that a significant amount of trading in
oil was concentrated in the hands of just a few speculators. These worries have
waned since then, as gas prices have moderated from last year's highs, though a
recent run-up in fuel prices may prompt new questions."
-- CFTC Floats Rules Aimed at Speculation -
washingtonpost.com.
http://smirkingchimp.com/thread/22709
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Is the SEC Covering Up Wall Street Crimes?
http://www.rollingstone.com/politics/news/is-the-sec-covering-up-wall-street-crimes-20110817
Criminal Referral Filed on Larry Mizel
MDC NYSE to SEC and NYSE
Breaking News May 14, 2010
http://www.stewwebb.com
Criminal Referral Filed on Larry Mizel
MDC NYSE to SEC and NYSE
Whistleblower filing
Breaking News May 14, 2010
Larry Mizel MDC NYSE Organized
Crime Syndicate
http://www.stewwebb.com/criminal_referral_filed_on_larry_mizel_mdc_nyse_to_sec_and_nyse_05142010.htm
May 6th Market Event MDC Holdings, Inc. NYSE Larry Mizel Culprit
Breaking News Tuesday May 18 2010
http://www.stewwebb.com/may_6th_market_event_mdc_holdings_nyse_larry_mizel_culprit_news_05182010.htm
Financial News MDC NYSE Emergency Update
Thursday May 6, 2010 Larry Mizel, Stole $500
Billion from Wall Street Pension Funds used
Fed Trading Window with Obama approval…
Financial Emergency Update
Wall Street Profits May 6 2010
US INTEL BACK BREAKING NEWS Saturday August 20, 2011
SPECIAL EDITION Espionage, Treason, Sedition, Economic
Plunder
Inside the Bush-Mizel-Clinton-Lindner
Organized Crime Syndicate NAZI AMERICA
America’s Source for US Intel News Reports
OFFICIAL NOTICE: 18 U.S.C. 4 Federal Reporting Crime Act
we report it
http://www.stewwebb.com/breaking_news.htm
Click link below to read full reports:
Breaking News Monday August 15, 2011
Anti Catholic Bigots Bachmann and Perry Fingered
http://www.stewwebb.com/Anti_Catholic_Bigots_Bachmann_and_Perry_Fingered_08142011.htm
Breaking News Monday August 15, 2011
Does America need an Honest U. S. President in 2012?
http://www.stewwebb.com/HeneghanWebb2004OfficialPresidentialPlatform.html
Breaking News July 27, 2011
Breaking News George Bush Arrested Treason and Economic
Plunder
http://www.stewwebb.com/George_Bush_Arrested_Treason_and_Economic_Plunder_07272011.htm
Breaking News July 27, 2011
TeaParty
Alert? Michele Bachmann Exposed
http://www.stewwebb.com/Tea_Party_Alert_Michele_Bachmann_Exposed_07272011,htm
http://www.stewwebb.com/GOP_using_Echelon_software_to_spy_on_Americans_Nsa_bribing_media.htm
Breaking News Saturday July 23, 2011
Rupert Murdochs 911 Espionage
Spy exposed ex Justice Dept Viet Dinh
Murdoch’s Say Top Executives Didn’t Know of Phone Hacking
ask former
South Vietnamese National Viet Dinh
a former employee of the
U.S. Department of Justice Office of Legal Policy, Viet Dinh sits on the
Board of Directors of Rupert Murdoch’s NewsCorp.owned by Len Millman and
Larry Mizel==Stew Webb Federal Whistleblower
http://www.stewwebb.com/Rupert_Murdochs_911_Spy_ex_Justice_Dept_Viet_Dinh_07232011.htm
http://www.stewwebb.com/Tea_Party_Alert_Michele_Bachmann_Exposed_07272011.htm
http://www.stewwebb.com/911_WTC_Bush_Guilty_by_Stew_Webb_Whistleblower_12102010.htm
http://www.stewwebb.com/GOP_using_Echelon_software_to_spy_on_Americans_Nsa_bribing_media.htm
http://www.stewwebb.com/Rupert_Murdochs_911_Spy_ex_Justice_Dept_Viet_Dinh_07232011.htm
http://www.stewwebb.com/Rupert_Murdoch_Larry_Mizel_Len_Millman_911_Espionage_Financing_07192011.htm
Breaking News July 26, 2011
Federal Whistleblower U.S. Customs Inspector John Carman
Ex Secret Service Agent Alleges Corruption in Customs
Illegally Imprisoned for Whistle blowing on U.S. Customs
Bush Narcotics Trafficking
http://www.stewwebb.com/John_Carman_Inspector_Alleges_Corruption_in_Customs_07242011.htm
http://www.stewwebb.com/John_Carman_US_Customs_Whistleblower_Faced_Federal_Charges_05152011.htm
Breaking News 1130 Pm Saturday July 23, 2011
Guess who is on FOX News Sunday July 24, 2011
Michele Backman and the Israeli
Prime Minister
Israel First over USA says Michele Backmann
that is
Treason and Sedition
http://www.stewwebb.com/breaking_news/htm
Breaking News Saturday July 23, 2011
Rupert Murdochs 911 Espionage
Spy exposed ex Justice Dept Viet Dinh
Murdoch’s Say Top Executives Didn’t Know of Phone Hacking
ask former
South Vietnamese National Viet Dinh
a former employee of the
U.S. Department of Justice Office of Legal Policy, Viet Dinh sits on the
Board of Directors of Rupert Murdoch’s NewsCorp.==Stew Webb Federal
Whistleblower
http://www.stewwebb.com/Rupert_Murdochs_911_Spy_ex_Justice_Dept_Viet_Dinh_07232011.htm
Breaking News Saturday July 23, 2011
Michele Bachmann Official Notice 911 Espionage Treason
Sedition Economic Plunder
Against The United States of America which are all Death
Penalty Violations
Murdoch’s Say Top Executives Didn’t Know of Phone Hacking
ask former
South Vietnamese National Viet Dinh
a former employee of the
U.S. Department of Justice Office of Legal Policy, Viet Dinh sits on the
Board of Directors of Rupert Murdoch’s NewsCorp.==Stew Webb Federal
Whistleblower
Michele Bachmann I DON'T GET IT MISTER WEBB Part 2
http://www.stewwebb.com/Michele_Bachmann_I_DONT_GET_IT_MISTER_WEBB_Part2_07232011.htm
Breaking News Saturday July 23, 2011
Breaking News Michele Bachmann I DON'T GET IT MISTER WEBB
911 Murdoch Espionage Exposed
http://www.stewwebb.com/Michele_Bachmann_I_DONT_GET_IT_MISTER_WEBB_07232011.htm
Breaking News Saturday July 23, 2011
Recall your U.S. Congress and U.S. Senate
http://www.stewwebb.com/breaking_news.htm
Breaking News July 22, 2011
America Daddy Bush’s Piggy Bank
Net Worth 79 Trillion and
growing
Espionage, Treason, Sedition, Economic Plunder
Jail the Criminals Get the Money Back and Solve the Debt
Crisis
http://www.stewwebb.com/America_Daddy_Bushs_Piggy_Bank_07222011.htm
Wanted for Treason and Sedition Part 1
http://www.stewwebb.com/WANTED_FOR_TREASON_AND_SEDITION_12072010.htm
Wanted for Treason and Sedition part 2
http://www.stewwebb.com/WANTED_FOR_TREASON_AND_SEDITION_06252011.htm
Rupert Murdoch, Larry Mizel MDC
NYSE, Len Millman 911 Espionage Financing
http://www.stewwebb.com/Rupert_Murdoch_Larry_Mizel_Len_Millman_911_Espionage_Financing_07192011.htm
Breaking News July 19, 2011
Rupert Murdoch, Larry Mizel,
Len Millman 911 Espionage Financing
Israeli Terrorist Money Trail
Breaking News Rupert Murdoch lied before the British
Parliament yesterday
http://www.stewwebb.com/Rupert_Murdoch_Larry_Mizel_Len_Millman_911_Espionage_Financing_07192011.htm
Breaking News Tea Party Alert Anti Catholic religious
fascist Michele Bachmann
in cohorts behind
hacking of Tom Heneghan’s Site.
Breaking News Wall Street how Larry Mizel
NYSE:MDC Does a Deal
http://www.stewwebb.com/Wall_Street_how_Larry_Mizel_MDC_NYSE_Does_a_Deal_07182011.htm
Breaking News NYSE:MDC under Investigation
http://www.stewwebb.com/MDC_NYSE_under_Investigation_07182011.htm
Breaking News CONTRA COKE TRAIN and Richmond Homes MDC
NYSE
http://www.stewwebb.com/CONTRA_COKE_TRAIN_and_RichmondHomes_07182011.htm
Breaking News Larry Mizel
NYSE:MDC NYSE:AIC ASE:CAX National Security Threat Funded Murdoch Espionage
MDC NYSE, AIC NYSE CAX American Stock Exchange
Larry Mizel NYSE:MDC NYSE:AIC
ASE:CAX National Security Threat Funded Murdoch Espionage
Breaking News Larry Mizel MDC
NYSE National Security Threat Funded Murdoch Espionage
MDC NYSE, AIC NYSE CAX American Stock Exchange
http://www.stewwebb.com/tarp_bailout_23_trillion_072009.htm
http://www.stewwebb.com/bank_bail_out_crooks_enemies_of_america.htm
Breaking News Congresswoman Michele Bachmann National
Security Threat
http://www.stewwebb.com/Congresswoman_Michele_Bachmann_National_Security_Threat_07112011.htm
Breaking News Larry Mizel's
Stooge John McCains Wife Hiding War Profits
http://www.stewwebb.com/JOHN_MCCAINS_WIFE_HIDING_WAR_PROFITS_UNTAXED_OFF_SHORE_ACCOUNTS.htm
Michele Bachmann is a direct supporter of the
UN-Constitutional Patriot Act and, listen to this,
folks,
the fascist wants to make it permanent.
Bachmann has direct ties to FBI Division 5, the
Department of Homeland Security and its Nazi
stooges
Barbara Frey and former DHS operative and Bush-Clinton Crime Family stooge
Frances Fragos Townsend.
Townsend regularly appears on CNN with Wolf Blitzer.
The aforementioned individuals have used the
UN-Constitutional Patriot Act in direct attacks against
the American People such
as illegal stonering and wiretapping of cell phones,
as well as illegal use
of privately outsourced
Blackwater helicopters that engage in intimidation,
harassment and illegal
espionage vs the American People,
http://www.stewwebb.com/dhs_attempted_murder_of_whistleblower_stew_webb_06092010.htm
including
having FBI Division 5 and NSA stooges riffling through the garbage cans of
American Patriots
who know too much about
the TREASON being committed against their country.--Tom Heneghan
http://www.stewwebb.com/dhs_attempted_murder_of_whistleblower_stew_webb_06092010.htm
http://www.stewwebb.com/Bush_Whacked_Again_Stew_Webb_Federal_Whistleblower_01102011.htm
GOP using Echelon software to spy on Americans; NSA
bribing media
http://www.stewwebb.com/GOP_using_Echelon_software_to_spy_on_Americans_Nsa_bribing_media.htm
Breaking News Inside the Bush Crime Family Part1 of 2
http://www.stewwebb.com/inside_the_bush_crime
family_part1.htm
Breaking News Inside the Bush Crime Family Part2 of 2
http://www.stewwebb.com/inside_the_bush_crime_family_part2.htm
Breaking News Bush Organized Crime Syndicate Silverado
Savings Larry Mizel, Neil_Bush
Breaking News Larry Mizel, MDC
NYSE Rush_for Gold how Silverado Operated
http://www.stewwebb.com/rush_for_gold_how_silverado_operated.htm
Breaking News Bush Millman
Silverado Savings Bank Accounts NYSE:MDC Silverado Saving Illegal Accounts
http://www.stewwebb.com/Bush_Millman_Silverado_Savings_Bank_Accounts_07112011.htm
Breaking News FOX News Murdochs
Hackers National Security Threat Major Spy Scandal Suppressed
Breaking News TeaParty Violates
First Amendment Right of Whistleblowers
for Michele Bachman
Israel FIRST before the USA
http://www.stewwebb.com/Tea_Party_07072011.htm
Breaking News Tea Party Patriots Attention
Emergency Update on TRAITOR Michele Bachmann
Israel FIRST before the USA
http://www.stewwebb.com/Tea_Party_Patriots_Attention_07072011.htm
Breaking News Michele Bachmann HOW DARE YOU POST THIS ON
MY WALL MISTER WEBB!
GO EAT STEW! OOOOOH I SO MAD RIGHT NOW!
Breaking News Ex Congressman Anthony Weiner’s Wife Huma
Hillary Clinton’s Lesbian Lover
http://www.stewwebb.com/breaking_news.htm
http://www.stewwebb.com/HillaryClinton.html
Breaking News Standard & Poor’s Downgrades MDC
Holdings NYSE to Junk Status
Larry Mizel MDC NYSE Murders,
Narcotics, May 6, 2010 Market Event,
Frauds are US at MDC
http://www.stewwebb.com/STANDARD_and_POORS_DOWNGRADES_MDC_NYSE_HOLDINGS_TO_JUNK_STATUS_06272011.htm
Breaking News Strauss-Kahn J. P. Morgan Update Religious
Fascist Michele Bachmann
Breaking News United States Nears Endgame
Martial Law
http://www.stewwebb.com/United_States_Nears_Endgame_06262011.htm
Breaking News Larry Mizel's
Stooge John McCains Wife Hiding War Profits
http://www.stewwebb.com/JOHN_MCCAINS_WIFE_HIDING_WAR_PROFITS_UNTAXED_OFF_SHORE_ACCOUNTS.htm
Breaking News Americans under attack by US Government
Fascist Nazi Goons
Breaking News Colorado Fugitive Kerre
Millman aka Kerre Smith aka
Kerre Millmansmith
http://www.stewwebb.com/Kerre_Millman_aka_Kerre_Smith_NWO_Witch_Doctor_06252011.htm
http://www.stewwebb.com/Stew_Webb_vs_Kerre_Millman_Civil_RICO_July_31_1997_case_97_N_1498.htm
http://www.stewwebb.com/kerre_millman_aka_kerre_smith_fugitive_from_justice_05162010.htm
http://www.stewwebb.com/Amanda_Janusz_Where_is_The_Justice_Department_11162010.htm
BUSH SATANIC RITUALS and HUMAN SACRIFICES
http://www.stewwebb.com/bush_satanic_rituals_and_human_sacrifices_01172010.htm
Bush Whacked again by Stew Webb Federal Whistleblower
http://www.stewwebb.com/Bush_Whacked_Again_Stew_Webb_Federal_Whistleblower_01102011.htm
Obama Killing Americans United the Governors
http://www.stewwebb.com/Obama_Killing_Americans_Unite_the_Governors_Revolution_11302010.htm
http://www.stewwebb.com/obamas_crystal_nacht_american_people_under_attack_09262010.htm
http://www.stewwebb.com/Bush_Whacked_Again_Stew_Webb_Federal_Whistleblower_01102011.htm
U.S. Government Rouge Assassins in Kansas City Targets:
Stew Webb and Bret Landrith
http://www.stewwebb.com/breaking_news.htm
Breaking News Obama Gay Scandal
http://www.stewwebb.com/obama_gay_scandal.htm
Bin Laden Psyop Totally Exposed
Interview with Ambassador Leo Wanta
http://www.stewwebb.com/Bin_Laden_Psyop_Totally_Exposed_pt2_05152011.htm
John Carman Ex Secret Service-US
Customs Whistleblower
Faced Federal Charges
Illegally Held for 4 years by Feds
For exposing Bush Narcotics Rings
http://www.stewwebb.com/breaking_news.htm
Please send John a Donation
John Carman
P.O. Box 577
La Mesa, Ca. 91944
BUSH HARRP-ALEIN Weather Wars
http://www.stewwebb.com/top_secret_bush_harrp_destroying_planet_earth_04162010.htm
Cyber Terror Led to Japanese Nuclear Meltdown
http://www.stewwebb.com/Cyber_Terror_Led_to_Japanese_Nuclear_Meltdown_03202011.htm
HAARP Conspiracy Theory Jesse Ventura Is
it a
communications
research project or a doomsday weapon that can change the weather
shoot
satellites out of orbit- and trigger mind control across the globe? Jesse
Ventura
Bush Clinton Crime Family History Lesson
http://www.stewwebb.com/Bush_Clinton_Crime_Family_History_Lessons.html
How Corrupt is Missouri and Kansas Courts?
Karl Rove and US District Court Judge
Fernando J. Gaitan Jr.
Illegally Targeted and Prosecuted 600 Democrats Nation
Wide
http://www.stewwebb.com/how_corrupt_is_missouri_and_kansas_courts.htm
Denver Airport Secret Underground Facility by Stew Webb
Governor Jessie Ventura here is the Missing Video
Evidence Apocalypse 2012
http://www.stewwebb.com/Denver_Airport_Secret_Underground_by_Stew_Webb_11172010.htm
Obama Bush Health Care Frauds Continue 2 Dead US
Attorneys
http://www.stewwebb.com/obama_bush_heath_care_frauds_continue_2_dead_us_attorneys_12272009.htm
Denver Airport Secret Underground
http://www.stewwebb.com/Denver_Airport_Secret_Underground_by_Stew_Webb_11172010.htm
Bush Millman Clinton Organized
Crime Syndciate Flow Chart
http://www.stewwebb.com/Bush_Millman_Clinton_Lindner_Crime_Family_Flow_Chart1.jpg
Bush Millman-Mizel Clinton
Organized Crime Syndicate
http://www.stewwebb.com/bush_clinton_mizel_organized_crime_syndicate_06172010.htm
Kerre Millman aka Kerre Smith NWO Witch
Doctor
http://www.stewwebb.com/Kerre_Millman_aka_Kerre_Smith_NWO_Witch_Doctor_06252011.htm
Wanted for Treason and Sedition Part 1
http://www.stewwebb.com/WANTED_FOR_TREASON_AND_SEDITION_12072010.htm
911 WTC Bush Guilty
http://www.stewwebb.com/911_WTC_Bush_Guilty_by_Stew_Webb_Whistleblower_12102010.htm
Bush Narco Money Laundry Funds
Obama and McCain
http://www.stewwebb.com/bush_narcotics_money_laundry_funds_obama_mccain.htm
Wanted for Treason and Sedition part 2
http://www.stewwebb.com/WANTED_FOR_TREASON_AND_SEDITION_06252011.htm
Site Map
http://www.stewwebb.com/table_of_contents_site_map.html
JOHN MCCAIN’S WIFE HIDING WAR PROFITS, UNTAXED OFF-SHORE
ACCOUNTS?
http://www.stewwebb.com/JOHN_MCCAINS_WIFE_HIDING_WAR_PROFITS_UNTAXED_OFF_SHORE_ACCOUNTS.htm
BUSH 41 REVIVES LINKS TO JFK WARREN COMMISSION
OBSTRUCTION
http://www.stewwebb.com/bush_41_revives_links_to_jfk_warren_comission_obstruction.htm
Two Dead U S Attorneys John Ashcroft Gets Paid Off
http://www.stewwebb.com/two_dead_u_s_attorneys_john_ashcroft_gets_paid_off.htm
Senate ignored 5 Texas asst. U.S. attorney deaths and
firings at Gonzales hearing
http://www.stewwebb.com/senate_ignored_5_texas_us_attorney_death_and_firings.htm
Texas assistant U.S. attorney deaths raise foul play
questions
http://www.stewwebb.com/texas_us_attorney_deaths_raise_foul_play_questions.htm
Dead, fired attorneys’ Medicare fraud probe linked to
White House
http://www.stewwebb.com/dead_%20fired_attorneys_linked_to_white_house.htm
Obama Bush Health Care Frauds Continue 2 Dead US
Attorneys
http://www.stewwebb.com/obama_bush_heath_care_frauds_continue_2_dead_us_attorneys_12272009.htm
How Corrupt is Missouri and Kansas Courts?
Karl Rove and US District Court Judge
Fernando J. Gaitan Jr.
Illegally Targeted and Prosecuted 600 Democrats Nation Wide
http://www.stewwebb.com/how_corrupt_is_missouri_and_kansas_courts.htm
U.S. and international agents to monitor e-vote satellite
activity during election
http://www.stewwebb.com/US_and_international_agents_montor_us_elections.htm
Weldon’s Paris trips tied to cover-up of 9/11 French
intelligence intercepts
http://www.stewwebb.com/weldons_paris_trips_tied_to_cover-up_of_911.htm
DC Hilton, Ritz Carlton used for congressional child sex
says federal agent
http://www.stewwebb.com/dc_hilton_ritz_carlton_used_for_congressional_child_sex.htm
AGENTS SAY FOLEY SCANDAL TIP OF ICEBERG
Feds: GOP Lobbyist Abramoff ran Capitol Hill call-boy sex
service at DC hotel
http://www.stewwebb.com/agents_say_foley_scandal_tip_of_iceberg.htm
Shocking News Rupert Murdoch Fox News
http://www.stewwebb.com/shocking_news_rupert_murdoch_fox_news.htm
MEDIA WHORE ALERT
http://www.stewwebb.com/media_whore_alert_breaking_news.htm
Former GOP House leader testified against Bush
http://www.stewwebb.com/former_gop_house_leader_testified_against_bush.htm
Whistleblower says Rep. Jefferson also took bribes from
Texas cable magnate
http://www.stewwebb.com/Whistleblower_says_Rep_Jefferson_took_bribes_from_Texas_Cable_Magnate.htm
Feds: 3 dead as U.S., French agents seized British
evidence in covered up Capitol Hill gunfight
Police, media silence sought as Bush officials turned
Rayburn parking garage into temporary auto-body shop
American French alliance shuts down power to prevent NE
train derailment
http://www.stewwebb.com/american_french_alliance_shuts_down_power_to_prevent_train_derailment.htm
NSA-MOSSAD FINGER FOR VETS STOLEN SOCIAL SECURITY NUMBERS
http://www.stewwebb.com/NSA-MOSSAD%20FINGER_FOR_VETS_STOLEN_SS_NUMBERS.htm
NSA death squads to neutralize U.S. citizen activists
http://www.stewwebb.com/nsa_death_squads_to_neutralize_us_citizen_activists.htm
Fitzgerald Franklin grand jury implicates Libby, Marc
Rich, but also Gonzalez and Goss
http://www.stewwebb.com/fitzgerald_franklin_grand_jury_implicates_libby_rich_gonzales_goss.htm
NSA routing internet data thru Amsterdam to monitor U.S.
websites and e-mail
http://www.stewwebb.com/nsa_routing_internet_data_thru_amsterdam.htm
WHEN U.S. ELECTIONS ARE FIXED
http://www.stewwebb.com/WHEN%20US%20ELECTIONS%20ARE%20FIXED.htm
Indicted GOP lobbyist Abramoff operated sex, spy ring at
Watergate, Ritz-Carlton, Sheraton hotels
http://www.stewwebb.com/Abramoff_sex_spy_ring.htm
House Judiciary chairman met with terrorist banker tied
to GOP lobbyist Abramoff
BIOLOGY OF THE BEAST
The Shadows – Secret Lives in Our Midst
http://www.stewwebb.com/Biology_of_the_Beast_Pt1.htm
BUSH SATANIC RITUALS and HUMAN SACRIFICES
http://www.stewwebb.com/bush_satanic_rituals_and_human_sacrifices_01172010.htm
Enron, investment espionage and the White House
http://www.stewwebb.com/Enron_investment_espionage_and_the_White_House.htm
Fitzgerald probe: Sen. Clinton withdrew stolen funds from
Grenada bank
http://www.stewwebb.com/fitzgerald_probe_Senator_Clinton_withdrew_stolen_funds_from_Grenada_Bank.htm
Bush, GOP, DEMS to use illegal aliens to push ID card
http://www.stewwebb.com/Bush_GOP_DEMS_to_use_illegal_aliens_to_push_ID_card.htm
FBI memo, photo link Bush Sr to
JFK Dallas murder scene
http://www.stewwebb.com/FBI_memo_photo_link_Bush_Sr_to_JFK_Dallas_murder_scene.htm
GOP using Echelon software to spy on Americans; NSA
bribing media
http://www.stewwebb.com/GOP_using_Echelon_software_to_spy_on_Americans_Nsa_bribing_media.htm
Top-secret notes confirm congressional, 9-11 Commission
& Pentagon cover up of Iraq war plans on day of Sept. 11 attacks
Dubai Grand Central Station purchase raises terrorism
questions
SPIES LIKE U.S.
Evidence indicates Bush wire-tapped alternative media
http://www.stewwebb.com/Spies%20Like%20US.htm
9-11 widow questions why MSNBC host silenced her
http://www.stewwebb.com/911%20widow%20questions%20why%20MSNBC%20host%20silenced%20her.htm
Goss refuses to give Fitzgerald CIA leak damage
assessment
PORTER GOSS CAUGHT IN HOMOSEXUAL PEDOPHILIA SEX
http://www.stewwebb.com/porter_goss_caught_in_homosexual_pedophilia_sex.htm
Secret Service, U.S. intel say Bush uses cocaine, Prozac, alcohol
2nd Memo to Cheney after 9-11: “The ‘family’ wants their
boxes”
Cheney knew FBI, CIA met with Bin Laden lieutenant after
9-11
D.C. Appellate Court throws out Bush suit against DOJ to
block Fitzgerald indictments
Bush—Cheney CIA/Plame case
indictments released this morning
U.S. intelligence reports Miers
as ‘deep-cover’ foreign operative
http://www.stewwebb.com/Radio%20Oct%2017%202005.htm
CIA, French intelligence kill 4, capture 5 Israelis in NY
subway attack
http://www.stewwebb.com/Radio%20Oct%206%202005.htm
Division 4 team names Clintons, Bush 41, 43 in JFK Jr. assassination
Cash payoffs, bonds and murder linked to White House 911
finance
Tony Blair's MI-6 Agents Caught Trying To Blow Up Chicago
Subway:
The Battle of Yorktown
http://www.stewwebb.com/The%20Battle%20of%20Yorktown.htm
Special Section on Government Stooges aka Bush Nazi Goones and their overt-covert slanderous acts silence the
messenger below
These are the Government Stooge who you will find when
you put Stew Webb in the search engines
August 5, 2011 Word has it that the FBI CIA Bush Crime
Family Stooge Ted Gunderson bit the dust. Thank GOD I wish him well in Hell.
Stew Webb
Bush Nazi Goons on the Internet FBI #5
http://www.stewwebb.com/BushesNaziGoonsNews.html
EDITOR & "EDUCATOR" KEN ADACHI:STOOGE & APOLOGIST FOR CROOKS, LIARS, WHACKJOBS &
PORNO-MONGERS
http://www.stewwebb.com/ken_adachi_educate_yourself_org_liars.htm
Ken Adachie Ted Gunderson FBI
Stooge and FBI #5 Christina Kanas Stew Webb
Restraining order inforced
http://www.stewwebb.com/stew_webb_vs_christina_kanas_restraining_order_number_07dm1137.htm
http://www.stewwebb.com/ArchivesL-S.html#aav
FBI Cointel Pro Ted Gunderson
Patriot Plant
http://www.stewwebb.com/Ted%20Gunderson.html
FBI-CIA Ted Gunderson Illegaly
Sold Terrorist Osama Bin Laden Stinger Missiles for Daddy Bush
http://www.stewwebb.com/Ted_Gunderson_Selling_Terrorist_Osama_Bin_Laden_Stinger_Missiles.htm
WANTED FOR TREASON AND SEDITION
American People wake up we are the Government we just
need to take control and out the Criminals.
Here is all Americans Legal Authority to arrest remove
this Bush-Mizel-Lindner-Clinton-Obama Filth.
Time for True American’s and Ex-Patriotic Military to
shut down and bring to Justice this Bush Clinton Obama
Domestic Domestic Enemies
Terrorist Organized Crime Syndicate and their Stooges.
“If the people were to ever find out what we have done,
we would be chased down the streets and lynched.”
--George H. W. Bush aka "Poppy Bush" June 1992
Sarah McClendon White House News Interview.
In CONGRESS, July 4, 1776. The
unanimous Declaration of the thirteen united States of America:
But when a long train of abuses and usurpations, pursuing
invariably the same Object envinces
a design to reduce
them under absolute Despotism, it is their right, it is their duty,
to throw off such
Government, and to provide new Guards
for their future security.
The Constitution of The United
States of America
http://www.house.gov/Constitution/Constitution.html
http://www.stewwebb.com/citizens_arrest_when_where_how_and_why_07222010.htm
http://www.stewwebb.com/CAN_CITIZENS_FORM_THEIR_OWN_GRAND_JURY_AND_INDICT_POLITICIANS_07232010.htm
http://www.stewwebb.com/patriotic_americans_and_militias_muster08082010.htm
http://www.stewwebb.com/breaking_news.htm