Did you enjoy the Sunday talk shows, Truthseekers? The constant bickering about the “Obamacare” roll-out? The reported millions of people who will have their plans cancelled due to the fact that their policies don’t meet the minimum requirements mandated by the new law?
Why any American would prefer crappy health care coverage is a mystery. Well, maybe not if your a Fox “news” viewer. They’re used to being spoon-fed BS that rational, thinking adults wouldn’t accept. Like the need to invade Iraq following an attack on America by 19 Saudi hijackers. Or the need to create a MASSIVE Department of Homeland Security because Dim Son failed to heed the warnings of a PDB entitled “Osama bin Laden Determined to Strike Within the US.”
But I digress.
A more interesting story that is being under-reported in the news today is that SAC Capital investments just received the largest fine in history for insider trading – $1.8 Billion. Lunch money for the Koch Brother’s sect.
As Al Jazeera reports:
SAC Capital Advisors will plead guilty to criminal fraud charges, stop investing money for others and pay $1.8 billion — the largest financial penalty in history for insider trading — to resolve criminal and civil claims against the hedge fund giant, the government announced Monday.
U.S. Attorney Preet Bharara told a news conference the settlement should send the message that “no institution should rest easy in the belief that it is too big to jail.” He said it was up to the courts to decide whether to accept the plea deal. No date for a plea was immediately set. SAC Capital said in a statement: “We take responsibility for the handful of men who pleaded guilty and whose conduct gave rise to SAC’s liability. The tiny fraction of wrongdoers does not represent the 3,000 honest men and women who have worked at the firm during the past 21 years. SAC has never encouraged, promoted or tolerated insider trading.”
It’s it amazing how it’s always a minute fraction, a “handful” of bad actors who always spoil it for the otherwise upstanding Big Corporations or Banksters? Be it Enron or Harkin? Remember Harkin?
Also on the table for discussion tonight, the ludicrous claim by the gun nuts in the wake of the latest shooting at the Los Angeles airport that the victims might still be alive were guns allowed in airports. Yup – only guns can prevent gun deaths. Makes perfect sense!
Listen LIVE at 9PM ET! Call 877-996-2556. Check out the PV channel on TuneIn! Follow us on Twitter @mikemalloyshow #truthseeker
Please support our independent corporate-free radio broadcast! We operate outside the traditional advertising system and rely on your podcast subscriptions, paypal donations, and sponsorship hours to keep us keeping it lit! Click on the links above to be a part of the radio revolution!
Thanks for all you do to keep it lit!