As an example of justice for the people, Iran sentenced four banksters Monday to hang for their role in the Persian state’s largest-ever fraud scandal.
In addition to the four capital cases, thirty-five other defendants face punishments ranging from life imprisonment to “flogging and fines,” according toBBC News.
The scandal stems from charges issued in Sept. 2011 that some of the defendants forged documents on the behalf of an investment company to secure loans for the purchase of state-owned properties during a four-year period under the government’s privatization scheme. In all, three trillion Iranian rials, or equivalent to approximately $2.6 billion were fraudulently obtained by the banker cabal.
The high-profile case fueled infighting between Iranian President Mahmoud Ahmadinejad and the nation’s ruling clerics.
Moreover, the fallout of the scandal included an impeachment vote of Iranian Economy Minister Shamseddin Hosseini, an Ahmadinejad appointment. Hosseini narrowly escaped conviction in Nov. 2011 for his alleged dereliction of duty to pursue the fraud.
In contrast, financial fraud in the United States and Europe involving trillions of dollars has not been prosecuted, though calls for prosecutions to save the fading reputation, credibility and legitimacy of the Western banking system falls on deaf ears in Washington, London and Brussels.
Economists suggest that taking a blind eye to massive and pervasive financial fraud leads to capital flight and distrust of American and European institutions, not to mention the demoralizing effects upon the citizenry. It’s an age-old and rudimentary issue, according to economist and Iranian Jew Nouriel Roubini.
“Bankers are greedy; they’ve been greedy for the last hundreds of years,” Roubini told Bloomberg News earlier in the month. “It’s not a question if they are more immoral today then they were a thousand years ago, you have to make sure they behave in ways in which you minimize those risks.”
Sounds like sound justice to me. Banking fraud is certainly right up there with crimes of treason in my opinion, and should be dealt with equally. Gotta rope?
Hanging is a bit extreme, but they all definitely need to be removed from their position.
MASS ARRESTS NOW!!!
Good Idea……
Time to brainstorm how to most effectively promote Iranian tourism on Wall Street.
This is what all the criminal bankers should have done to them and the criminal government’s.
I have the rope.
They got exactly what they deserved. Have you ever walked past a Federal Reserve building in a major city? Guarded up the ass with bullet-proof everything, security, bars on windows and hydraulic cement posts. Why? There is no money there. They are afraid if the public ever found out that they are frauds who print money out of thin air and then make you and I slaves to their fakery there would be riots. Oh sorry, I forgot the majority of the public is too concerned about Kim Kardasian and Miley Cyrus.
Maybe we’ve been misled because I see nothing wrong with this and hope they share this with all the scumbag thief’s on Wall Street…..
Good job
should tell you something about why Iran is on the PNAC hit list
Kick ASS! Now how about the Mortgage Lenders and Title Trust folks next? And Auto Finance folks too! Add some Insurance brokers too please!
a practice we should take up since executive orders are a dime a dozen it should not be to hard.
You see that Obama, Bush, GWB, Cheney, Bill and Hitlarry Clinton, BONER and the rest of you?
THAT’S GOING TO BE YOUR FUTURE!
We know the world is upside down when Iran makes sense.
Anything coming out of THAT place…..really?
Opening a beer to salute you peeps for applauding this.
For all “WE KNOW”, those guys hanging from the yard arm were guilty of being overheard saying f the gov.
You know, the same gov Barry wants to bring here, one brain-eating Syrian Rebel at a time.
But, it’s our own fault.
We should have kicked Rosyvelt to the curb and cleaned out all the socialists (by ALL their different names).
People HAVE the gov they TOLERATE.
The dirty little secret…. WE outnumber them.
Quit letting those sob’s DIVIDE you!
Abortion, Gay Rights, Immigration, ect., ect., ect.
Every issue “THEY” mention is just another blind and bind.
Liberal….Conservative…Democrat…Republican…
Just further ways to split THE GREATEST NATION EVER ON THIS EARTH.
The ENTIRE history of mankind is about WORLD DOMINATION.
Every empire, every Alliance, they were ALL about CONQUERING the world.
This Nation, the UNITED STATES of AMERICA, had the World handed to Her in 1945.
WE said “NO THANKS”.
NO other nation would have done so.
WE CHOSE to return to our farms.
And look at what the world has done with their “freedom”.
You can revile us for our Gov… and to a point be correct, WE tolerate it.
But WE do NOT support it.
We KNOW it’s WRONG, and WE ARE trying to get things back to the point that the world respected us for our good deeds, our generosity, our leading of the world in the betterment of ALL mankind.
WE ARE under attack, from within and without.
But rest assured, WE WILL WIN.
Please sign my BOTH Petitions and share it with as many people as possible. Don’t worry, if you are NOT an American citizen; it’s OK for any one to sign it. Thanks!
1: with Change.org
https://www.change.org/petitions/a-g-eric-holder-sent-jeff-merkley-gov-john-kitzhaber-investigate-abuse-of-power-and-criminal-forgery-by-former-oregon-a-g-david-frohnmayer-and-lane-county-government#share
2: with Moveon.org
http://petitions.moveon.org/sign/justice-for-nadia-sindi?source=c.url&r_by
Are they going to come to the U.S. to look for Bank of America bankers too?
“Just stop paying for three months and Bank of America will help you get a loan modification.”
http://mortgagemovies.blogspot.com/2013/11/boa-busted-for-bad-faith-dual-track.html
http://www.youtube.com/watch?v=1ejYoV1vcn4
I’ve been saying this for a while. If we start hanging all these criminals that are stealing from the world, they can spread their wealth to their respective countries. Time’s ticking, and they ar not holding back.