A Good Old Fashioned Napalm Cleansing Might Do the Trick . . . .

I guess they are deluding themselves in thinking that by publishing this info that the peasantry will feel a bit less victimized and infuriated by the embezzling con job that Wall Street perpetrated on the country in the run-up to, and in the aftermath of the 2008 financial collapse:

A majority of private-equity firms inflate fees and expenses charged to companies in which they hold stakes, according to an internal review by the U.S. Securities and Exchange Commission, raising the prospect of a wave of sanctions by the agency.

More than half of about 400 private-equity firms that SEC staff have examined have charged unjustified fees and expenses without notifying investors, according to a person with knowledge of the SEC’s findings who asked not to be named because the results aren’t public. While some of the problems appear to have resulted from error, some may have been deliberate, the person said.

http://www.bloomberg.com/news/2014-04-07/bogus-private-equity-fees-said-found-at-200-firms-by-sec.html


Ok - so the Gordon Gekko wolves were feasting on the corpulent carcasses of the big corporations in addition to scavenging the morsels of what was left of the middle-class nickel/dime investors.  Does it really make a fucking difference at this point who they were fleecing?  Is it not enough just knowing that the whole fucking Wall Street financial services institution from top to bottom is a rogue criminal enterprise, which through it's actions at this point in history, has established it's self as being nothing more than a pus oozing cyst on the buttocks of humanity?

What is the answer as to how to deal with Wall Street and their crimes?  The Gadfly does not know of an all encompassing answer to that question.  However, if you were to ask The Gadfly to give his best shot at suggesting a solution -- it would probably sound something like this:







Just saying . . . . .



----TFG