The Case against Greenspan and Bernanke
By Mike Whitney
Greenspan and Bernanke are either criminally negligent in failing to execute their regulatory duties or complicit in aiding and abetting the banks and other financial institutions in the sale of fraudulent loans to investors and homeowners. Which is it? Ref. Source 9
Well they are criminals in my eyes and definitely guilty of not only turning a blind eye to fraud but actually taking measures to keep it hidden from other parts of Washington.
It is fairly obvious that not just them but also a small group in Washington purposefully kept hidden information of fraud. They justified this by claiming to put restrictions of them would have caused growth to stall. This may be true but fraud is illegal. I am fairly sure they will never be charged with and real crime or spend any time behind bars. In that they are not stupid and probably kept their tracks well hidden.
When you are talking about people this high up you just don't mess with them or you will be killed. The people that have information that could bring them to light know this and would never be allowed to come forward.
International Level: Junior Politician / Political Participation: 70 7%