Was Eliot Spitzer Taken Out Because He Was Going to Bust AIG?

What is at stake is the fraudulent confiscation of lifelong savings and pension funds, the appropriation of tax revenues to finance the trillion dollar "bank bailouts", which ultimately serve to line the pockets of the richest people in America.

This economic crisis is in large part the result of financial manipulation and outright fraud to the detriment of entire populations, to a renewed wave of corporate bankruptcies, mass unemployment and poverty.

The criminalization of the global financial system, characterized by a "Shadow Banking" network has resulted in the centralization of bank power and an unprecedented concentration of private wealth.

"Everything predicted by the enemies of banks, in the beginning, is now coming to pass. We are to be ruined now by the deluge of bank paper. It is cruel that such revolutions in private fortunes should be at the mercy of avaricious adventurers, who, instead of employing their capital, if any they have, in manufactures, commerce, and other useful pursuits, make it an instrument to burden all the interchanges of property with their swindling profits, profits which are the price of no useful industry of theirs." --Thomas Jefferson to Thomas Cooper, 1814. ME 14:61

BTW...Things that makes you go HUMMMMM!

New York's Governor, former Attorney General Eliot Spitzer, was a dogged pursuer of fraud on Wall Street and those pursuits posed a severe problem for the Cornerstones money laundering operation. Spitzer was forced to resign as governor after he was identified as a customer of the Emperors Club VIP prostitution service run by ex-Israeli government official Mark, aka "Michael," Brener. Details of the probe of Spitzer, known as "Client 9" in federal investigation documents, were leaked by federal investigators working out of the U.S. Attorneys office for southern Manhattan, which has been described as a hub for organized criminal activity even though it comprises the "Organized Crime" investigation unit.

Excerpt from...

Madoff took fall for New York's Richest and most powerful politicians
http://www.fourwinds10.com/siterun_data/government/banking_and_taxation_irs_and_...
Quite a few hair raising info for the 'connect the dots' crowd there.

HOLY SHIT !

This guy is red hot !
http://www.waynemadsenreport.com/

Stay tuned for our next intelligence briefing, which will detail...

* The London AIG office's role with Bernard Madoff
the $167 TRILLION of toxic derivatives tied to the London AIG office

* Evidence that will suggest that the London AIG office operated a parallel Ponzi Scheme with Madoff in which real insurance policies were never purchased

* The fact that the suggested bonuses that are were about to be paid out to AIG executives deal with individuals all located on British soil with the strong possibility that these bonuses would serve the purpose as "hush money" to keep possible witnesses silent

* U.S.-British relations now at their lowest point since the War of 1812

"There is a man somewhere who is closer to the truth...there is a man" - Eric Burdon (The Animals)

WOW.... damn, thanks for the info WhiteNoise. Good stuff as usual.

It's funny I've heard people talking about taking to the streets and having a public linching of all these filthy rich fuckers who seem to be out of reach of our ineffective justice system. If the law won't do anything about it, the people might!

Get Down WhiteNoise.

You in a league of your own,

Spitzer for Treasury?
posted by KATRINA VANDEN HEUVEL on 03/22/2009 @ 2:11pm
http://www.thenation.com/blogs/edcut/420275/spitzer_for_treasury?rel=emailNation

We deserve a Treasury Secretary who hasn't been a player in Wall Street's lifestyle of bonuses and legalized corruption. Nobel Prize winning economists Joseph Stiglitz or Paul Krugman would be strong choices; yet they are increasingly valuable as watchdogs and constructive critics working outside the Administration. I've also thought that Obama would be smart to promote former Economic Policy Institute Fellow Jared Bernstein, who is currently serving as Biden's chief economic adviser.

Then there's a novel idea. Why not bring in the man who took on Wall Street and AIG long before it was trendy? Eliot Spitzer. Call me crazy. But he foresaw the bubbles and disasters resulting from deregulatory frenzy and the financial service industry's creation of toxic credit default swaps and derivatives. As the Sherriff of Wall Street, Spitzer launched investigations and lawsuits deploying the creative cudgel of the previously-obscure 1921 Martin Act. Yes, he acted miserably toward his wife and family and he should pay the price for that. But some believe Spitzer was taken down by certain "masters of the universe" seeking vengeance for his aggressive policing of their financial fraud and corruption.

Spitzer took on Wall Street's metastasizing corruption before the meltdown. He defended consumers' and taxpayers' rights. He speaks with passion and clarity about what went wrong and what needs to be done to restore integrity to our system. He is chastened by personal scandal, yet untouched by complicity in Wall Street's public scandals which have obliterated peoples' savings and devastated our country.