'Goldman Conspiracy:' RICO? Or Medal of Freedom?
Vote: Racketeers to be indicted or revolutionary American heroes?
The beauty of prosecuting a conspiracy under RICO is that the conspiracy is a separate crime. And all members may be guilty of conspiring to commit each crime in pursuit of the conspiracy's overall agreement. RICO's list includes: Fraud, extortion, embezzling, theft, gambling, money laundering, bankruptcy, securities violations and obstruction of justice.
And right now, that may even cover bankers "cooking the books" using taxpayers' TARP money to generate doctored, phony earnings to deceive investors. And hidden behind the individual crimes may be a collective act of treason to take over control of the American economy as the moneyed "superpower."
With Henry Paulson at Treasury earlier, Goldman Sachs had absolute power, with the absolute backing of the party then in control of Washington. Flash forward: Now, with all their people, programs, lobbyists and connections left behind like landmines inside Washington's new administration, the power of the "Goldman Conspiracy" may now be absolute, as in Lord Acton's historic warning that "power corrupts and absolute power corrupts absolutely." (more)
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