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Started By
Message
re: The real reason New York US Attorney Preet Bharara was asked to resign
Posted on 10/31/17 at 10:55 am to SlowFlowPro
Posted on 10/31/17 at 10:55 am to SlowFlowPro
quote:
well that part checks out. that's from Warren's website
I was unable to locate any direct contradictions to what this guy reported.
Posted on 10/31/17 at 11:07 am to Homesick Tiger
quote:Sure. Why is he writing unsourced articles without a hint of journalistic tradecraft or standards for a marginal blog. Why do 10 of these new fricking blogs pop up everyday anyway?
The author. Seems to have a pretty good resume, no?
It's the classic formula. Throw together a few verifiable facts. Drop some names. And jump to whatever conclusion you like.
Goes like this.
quote:Verifiable
In 2015, Puerto Rico defaulted on $70 billion in municipal bonds. Those involved panicked. There was ample evidence that the issuing agencies were technically bankrupt when they issued the bonds and that they purchased fraudulent credit ratings from Moody’s Fitch and S&P. Wall Street’s biggest banks then knowingly sold junk bonds to innocent investors, labeling them as safe investments. Everyone made a ton of money, except the innocent investors.
quote:Plausible, but source? Did this actually happen?
The evidence of this massive criminal act was overwhelming. The lawsuits and complaints to the FBI and SEC were streaming in. Dozens of Wall Street executives could go to prison. This was serious.
quote:Plausible, but source? Did this actually happen.
The Wall Street executives went to Senator Schumer and asked for two things: that no criminal investigations or prosecutions be considered and that he somehow limit the bondholders’ rights to keep them from suing.
quote:So the rider is verifiable. Everything else, including the preceding two paragraphs, simply plays on people's suspicions of what Congress is plausibly capable of.
By this time, all congressmen and senators were made fully aware of the potential fraud that had taken place in Puerto Rico. That didn’t stop Senator Schumer; he put together a small team consisting of himself, Elizabeth Warren, Senator Blumenthal and Senator Feinstein. In January 2016, they submitted a rider to the energy bill that unbelievably would prevent the innocent bondholders from suing. All four politicians were quickly rewarded and the Wall Street contributions flooded in.
quote:And here's the hook. Just jump to some conclusion without any evidence whatsoever based upon like four real facts and a mountain of conjecture tying everything neatly together.
Then an understanding was stuck with US Attorney Bharara that investigations would be sidetracked and no prosecutions would take place. As pressure was building with the public discovery of hundreds of new felonies related to the issuance of this $70 billion in bonds, the DOJ continued to ignore the evidence and sidetrack all efforts by their field personnel to prosecute. Bharara was paying back his mentor in spades.
Posted on 10/31/17 at 12:43 pm to GumboPot
quote:
The politicians then went on to shape an argument that whatever money was left that was not already stolen should be given to underfunded union pensions.
Posted on 10/31/17 at 1:04 pm to GumboPot
If memory serves, Bain Capital was tied up in those Puerto Rican bonds. Paul Ryan helped move that legislation through.
I'll dig around shortly and see what I can find.
Drain the Swamp.
I'll dig around shortly and see what I can find.
Drain the Swamp.
Posted on 10/31/17 at 1:06 pm to HaveMercy
First article that popped up when I googled Bain Capital Puerto Rico
They All Suck
They All Suck
This post was edited on 10/31/17 at 1:08 pm
Posted on 10/31/17 at 2:14 pm to notsince98
quote:
This is where I don't align with Trump. He wants people to just stop being corrupt and he will let them move on. He needs to make a few statement moves just to show the public what is really going on. Just letting everyone agree to stop and move on won't expose the true depths but Trump doesn't really want the public to know that. I think the public needs to know it.
Yep! And he started off by saying in an interview shortly after winning the GE that he would not look into Hilldawg’s corruption. SMDH!
This showed great weakness on Trump’s part, if he would have immediately fired Comey, not appointed Sessions AG the Swamp would’ve known what the true meaning of BOHICA is.
Posted on 10/31/17 at 2:15 pm to HaveMercy
wow.
Polly74 will be here shortly to defend the corruption.
Polly74 will be here shortly to defend the corruption.
Posted on 10/31/17 at 2:18 pm to CptBengal
quote:
Polly74 will be here shortly to defend the corruption.
He's discrediting the article in the OP but others have posted other sources.
Posted on 10/31/17 at 2:20 pm to GumboPot
quote:
Polly74 will be here shortly to defend the corruption.
He's discrediting the article in the OP but others have posted other sources.
he doesnt care.
He thinks he's part of the DC elite. He thinks them winning means he will win as well.
It's quite sad.
Posted on 10/31/17 at 2:22 pm to CptBengal
quote:
he doesnt care.
He thinks he's part of the DC elite. He thinks them winning means he will win as well.
It's quite sad.
I actually think he's coming around to Trump. Mostly because of Trump unwavering support for the military and the generals.
Posted on 10/31/17 at 2:35 pm to Homesick Tiger
quote:
The author. Seems to have a pretty good resume, no?
Maybe so, maybe not, But he should disclose that he was an investor in the PR bonds.
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