Sunday, 29 May 2011

Irony: Wiretaps and Goldman

Combining my two most favorite subjects lately...

"The successful prosecution of Raj Rajaratnam suggests the difficulty prosecutors would have against Goldman Sachs. At this point, the big question for prosecutors is less about what they know to be true and more about what they can prove. And "to make a criminal case out of the mortgage activities, prosecutors would need at least one credible witness from inside the firm to point the finger at Goldman and its executives to show the company's culpability, proving that it was more than just a sharp operator."

Investigators do not have that one credible witness from the inside, and it's doubtful it will find one. Omerta will likely hold.  Unfortunately, investigators do not have wiretap evidence--something that would prove superior to a bunch of suggestive but not definitive emails."

The Obama Administration seems hellbent on renewing PATRIOT and violating the rights of average Americans even more than the Bush Adminstration.

Now there's a scenario this constant surveillance might have actually been very useful, and we've hit a wall. Instead of trying to catch a bunch of lunatics who leave other very obvious intelligence signs, we could have been wiretapping the banks, and getting enough evidence to stop what amounted to something terrorists have always aimed to do---bringing the American economy down with clandestine activities.

I guess that's irony, folks. 

Terrorist or freedom fighter?

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