Posts Tagged ‘robbed’

John McGuinness: Irish Banks are Theives

Posted by admin on Sunday, November 5, 2017

John McGuinness Money Quote as Irish member of the Irish Parliament blames Minister of State at the Department of Finance, Michael D’Arcy for allowing banks to avoid responsibility for losing money for depositors. John McGuinness said:
 
Irish Banks have robbed families of everything. They are thieves and you Minister are driving the getaway car Quote
 

“These banks in this country have robbed individuals and families of everything that they have, including their dignity and their lives. They are the thieves in this question and you Minister, after today, are driving the getaway car” — John McGuinness

 
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Elayne Boosler: Banks Robbed Homes

Posted by admin on Tuesday, March 28, 2017

Elayne Boosler Money Quote saying investment banks robbed homes of investors and got arrested, but were let go if they returned tiny portion of what they looted. Elayne Boosler said:

Basically, many banks (including the investment firm of Charles Schwab) essentially robbed the entire contents of our homes: dishes, furniture, electronics, family photos, your grandmother’s apron, everything. When caught by the police (the SEC), the thieves were asked to return only a toaster
— Elayne Boosler

Michael Capuano: Bank Executive Apology

Posted by admin on Wednesday, May 18, 2016

Michael Capuano Money Quote at congressional hearings in 2010, bank executives from top banks apologize for defrauding public, ask forgiveness, given fines instead of jail time. Michael Capuano said:

You come to us today telling us “We’re sorry. We won’t do it again. Trust us”. Well I have some people in my constituency that actually robbed some of your banks, and they say the same thing
— Michael Capuano

Goldman Sachs Washington Post Headline

Academy Award Winning Documentary Film includes the Quote above from Massachusetts Rep. Mike Capuano (D) at the 1:55 minute mark. It’s fun to replay it repeatedly by clicking that time in the progress bar over and over again. Think of letting bank robbers skip their prison terms because they promise not to do it again. That is a clear comparison between the wealthy and everyone else. He also said to bank executives: “You created CDO’s, you created credit default swaps – that never existed a few years ago. Who was the brilliant person who came and said, ‘Let’s do credit default swaps’ – find him, fire him”

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