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Thom's blog
It's time for the banksters to lawyer up
The New York Times reported on Saturday that the Department of Justice is building several criminal cases against major Wall Street banks related to the ongoing LIBOR rate-rigging scandal. Charges are expected to be brought against at least one bank and its employees by the end of this year. It’s alleged that hundreds of billions – if not trillions – of dollars were manipulated in the global economy by a handful of banks colluding together to boost their own profits while screwing over working people, small businesses, and entire cities.
Meanwhile, across the pond in London, British financial regulators who turned a blind eye to the crimes are testifying in front of Parliament to determine their role in the scandal. That comes on the heels of news that Treasury Secretary Tim Geithner caught wind of the rate-rigging scandal as far back as 2008 and notified the Bank of England recommending changes to how the LIBOR rate should be fixed…yet nothing was done either by the Fed or by British regulators.
But just as this investigation into high crimes on Wall Street ramps up, time is running out for other investigations into Wall Street’s fraud. According to federal law, there is a five-year statute of limitations within which the Securities and Exchange Commission can file charges against the banks for their crimes leading up to the 2007 and 2008 financial crisis. That leaves officials at the SEC scrambling to file lawsuits before their time window runs out.
This is a critical moment in history – will “we the people” finally hold Wall Street accountable? Or will the Citizen's United-fueled corruption of our government and legal system give the banksters another free pass?
-Thom
(Do you think they will be brought to justice? Tell us here.) |
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Tonight on The Big Picture on RT TV at 9pm and 11pm... Congressman Dennis Kucinich (D-OH, 10th District) (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Disclose Act- Adam Skaggs, Senior Counsel-the Brennan Center’s Democracy Program and head of the Center's money in politics team 
The Big Picture Rumble:- Andy Kroll, Mother Jones Magazine / TomDispatch  - Brian Darling, Daily Mail / Heritage Foundation - Horace Cooper, National Center for Public Policy Research
"Everything You Know is Wrong": Ayn Randroids and Libertarians join forces...- Gary Weiss, journalist / author-"Ayn Rand Nation: The Hidden Struggle for America's Soul"
Daily Take: Why would anybody proudly call themselves a conservative?
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Monday on The Thom Hartmann Program, 3-6pm ET
Hour One: Why would anybody proudly call themselves a conservative?
Hour Two: "Socialized Europe? Try Socialized America"- Christopher Markowski, CEO of Markowski Investments & host of the nationally syndicated radio show "The Watchdog on Wall Street"
Disclose Act...is it time to stop selling off America?- Senator Jeff Merkley (D-OR)
Hour Three: Meet the guy threatened w/jail for registering voters...
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...TAG, YOU'RE IT!!!!!!!!! (OCCUPY SOMETHING!!!!!)
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Friday's Daily Stack 
Quote: "I believe that, as long as there is plenty, poverty is evil." -- Robert Kennedy.
Hour One: If it's Friday, it's "Brunch With Bernie"... the honorable Senator Bernie Sanders (I-VT) joins Thom with all the news from our nation's capitol and as always he'll be spending the hour taking your calls and answering your questions too... Follow Bernie:    campaign site.
Hour Two: Anything Goes on Townhall Friday
Hour Three: Anything Goes on Townhall Friday
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Tuesday on The Thom Hartmann Program, 3-6pm ET
Hour Two: Romney's Bain departure and why it matters...- Matthew Vadum, Senior Editor, Organization Trends and Foundation Watch-Capital Research / Author, "Subversion Inc."
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...TAG, YOU'RE IT!!!!!!!!! (OCCUPY SOMETHING!!!!!)
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Thom's Poll
Will Romney release more than the last two years of tax returns??
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Watch & Listen to Thom
Conversations w/Great Minds Lori Wallach - The Trans-Pacific Partnership Threat P1
Conversations w/Great Minds Lori Wallach - The Trans-Pacific Partnership Threat P2
Civil War - The Makers vs The Takers?
The Big Picture Rumble - Implosion of the Romney campaign?
Or watch the Full "Big Picture" Show...
Full Show 7/13/12: So-Called Free Trade
Thom talks with attorney and activist Lori Wallach in tonight's "Conversations with Great Minds." Tonight's "Big Picture Rumble" panel discusses Romney's latest Bain Capital lie, the Republicans continued wasteful effort to repeal Obamacare and in tonight's "Daily Take" Thom discusses how Fox "So-Called" News correctly predicts a civil war in America, but get the sides wrong.
Thom Hartmann on the News - July 13, 2012
Brunch with Bernie - July 13, 2012
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 Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook. |
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Hello All