Dr. Roberts: “It
could get very bad, particularly as American prestige has taken such
hard hits -- not just in Ukraine, but also with the announcement by the
retiring prosecuting attorney of the Securities and Exchange
Commission. He announced that his prosecutions of Goldman Sachs and
other mega-banks had been squelched by the political people at the top
of the SEC because ‘they were more focused on getting high-paying jobs
after their government service than on bringing cases.’....
“In other words, he said the top people at the SEC were protecting the banks from the SEC prosecutors in order to get big positions in the banks when they left the government service. Well, this shows total corruption (laughter ensues) of all the regulatory agencies. I’m sure it’s like that in every regulatory agency.
So this is a tremendous blow to a government that bases its credibility on claims that it’s against corruption, it’s for democracy, human rights, justice, etc., when you have the prosecuting attorney saying they don’t let us bring cases against criminals because they are counting on being paid off. The implications of this are tremendous.
“In other words, he said the top people at the SEC were protecting the banks from the SEC prosecutors in order to get big positions in the banks when they left the government service. Well, this shows total corruption (laughter ensues) of all the regulatory agencies. I’m sure it’s like that in every regulatory agency.
So this is a tremendous blow to a government that bases its credibility on claims that it’s against corruption, it’s for democracy, human rights, justice, etc., when you have the prosecuting attorney saying they don’t let us bring cases against criminals because they are counting on being paid off. The implications of this are tremendous.
Now can a government that stupid deal with the kinds of crises or potential crises that we’ve outlined in this interview? I don’t think it can.”
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