Steal Groceries, Go To Jail; Steal Billions, Get An SEC Wells Notice (Gasparino On Lehman Developments)

FBN Video:  Charlie Gasparino reports on the status of SEC investigations into fraud at Lehman Brothers -- August 20, 2010

Story background:

• Charles Gasparino: Active CRIMINAL Component To Lehman Investigation (FBI, DOJ & SEC Involved)

Gasparino reports that he case could focus on lies related to Lehman's 2008 capital raise, and that SEC charges could be filed within a matter of weeks.  For the record, SEC Wells Notices related to civil, not criminal charges.  Still no leaks from federal prosecutors on any ongoing criminal investigations that may be underway.  So the wait for handcuffs, orange jumpsuits and prison numbers continues.

Gasparino:

• “This is coming from Dick Fuld, who told someone we spoke to, that September is when the rubber meets the road on this.”

• “There is a lot of speculation as to who will be charged in the SEC’s investigation of Lehman Brothers.  As of right now at least, it will not be the former CFO Erin Callan.”

• “Attorney for Callan Robert Cleary tells FBN she has not received a Wells Notice.  As of right now she is not going to get charged.  It could still come.”

• “This is an interesting development because the end game on this is clearly happening.  And it’s the two year anniversary of Lehman’s bankruptcy.  Callan was one of the people putting out the positive image of the firm as it was imploding.  That’s what they are investigating.”

• “90%  to 95% of the time from what I understand, a wells notice results in an official charge.  Right now they are basically trying to talk the SEC out of filing the official charges.”

• “We put a call into Dick Fuld and he has not gotten back to us.”

More video:

Video:  Funny bonus clip -- Gasparino hassles Lehman execs for a story -- Sep. 2008

 
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Comments

[DailyBail]

Gasparino: SEC Charges Imminent for Ex-Lehman Execs

http://www.youtube.com/watch?v=7KRfZH399n8

Video from last week NOT included in the story above...

[DailyBail]

Gasparino: Active CRIMINAL Component To Lehman Investigation (FBI, DOJ & SEC Involved) »

http://dailybail.com/home/gasparino-active-criminal-component-to-lehman-investigation.html

[DailyBail]

Refuting The Myths Of The (First) Great Depression

http://www.zerohedge.com/article/refuting-myths-first-great-depression

[DailyBail]

Minneapolis will pay $165,000 to zombies

Minneapolis will pay seven people who were jailed after a street theater protest.

http://www.startribune.com/local/101273159.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUac8HEaDiaMDCinchO7DU

[DailyBail]

Justice Department Seeks Ebonics Experts

DEA wants “Black English” linguists to decipher bugged calls

http://www.thesmokinggun.com/documents/bizarre/justice-department-seeks-ebonics-experts

This is NOT a joke...

[DailyBail]

Authorities are trying to determine what's causing an increase in violence that has left five suspects dead during raids of marijuana gardens across Northern California during the past several weeks.

Most recently, one suspect was fatally shot in a gunbattle Wednesday when more than 60 law enforcement officers raided a marijuana garden in a remote area of Mendocino County.

Drug agents have been raiding marijuana grows across the region for years, but the raids this summer have turned increasingly violent.

http://www.nbcbayarea.com/news/local-beat/Increased-Violence-at-Pot-Grow-Busts-Puzzles-Cops-101274459.html

We can't get Wall Street banking execs for stealing billions but we have the local resources to bust pot growers in northern cali...just months before cali voters make it completely legal...

[DailyBail]

Drug smugglers ‘come in all shapes and sizes’

The latest incident at Warren Correctional Institution involves an 
85-year-old grandpa.

http://www.daytondailynews.com/news/crime/drug-smugglers-come-in-all-shapes-and-sizes-873395.html

[DailyBail]

http://abcnews.go.com/Politics/john-mccain-charlie-crist-handle-primary-challenges-arizona/story?id=11438317

McCain's primary is tomorrow...and Florida as well...

[John Lohman]

"Steal a little and they throw you in jail. Steal a lot and they make you king"
Bob Dylan

[S. Gompers]

I wonder if Bob Dylan ever read Aesop.


"We hang the petty thieves and appoint the great ones to public office."

Aesop

[Sagebrush]

"We can't get Wall Street banking execs for stealing billions but we have the local resources to bust pot growers in northern cali...just months before cali voters make it completely legal..."

I think the thieves on Wall Street have enough evidence on the crooks in Congress and the Administration that if they go down, a whole bunch of criminal government parasites are going with them.