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Poor Wall Street: Everyone Is Picking On Them

AC 360 Podcast 4/14/2011Who would ever have thought that the most respected names on Wall Street would cheat the house by playing with a marked deck?

Dear Wall Street: We’re not in Vegas anymore! The Sin City “players” of Wall Street might be trading in the fancy hotel rooms for prison cells.

The SEC is now following the Federal Reserve and the Senate is chastising Wall Street for effectively causing the economic crisis. The Securities and Exchange Commission today announced that they too will be joining the bandwagon and fining the major banks on Wall Street for fraudulently causing the worst economic meltdown since the Great Depression. They follow on the heels of the Federal Reserve and the United States Senate in lambasting the “banksters”.

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Tags: AC360, Anderson Cooper, bank fraud, Bernie Madoff, CNN, Main Street, Matt Taibbi, Rolling Stone Magazine, Roy Oppenheim, SEC, Securites and Exchange Commision, wall street