[167068] in Zephyr_Bugs

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Criminals on the Forbes List

daemon@ATHENA.MIT.EDU (Mark Karlin, Truthout)
Sat Jul 21 12:03:52 2012

Message-ID: <1142331272.70971982@org2.org2DB.mail.democracyinaction.org>
Date: Sat, 21 Jul 2012 12:03:24 -0400 (EDT)
From: "Mark Karlin, Truthout" <messenger@truthout.org>
Reply-To: messenger@truthout.org
To: zephyr-bugs@mit.edu
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t r u t h o u t | Are you as enraged as I am that many of the top Wall Street millionaires and billionaires continue to commit fraud with America's money and are never charged as criminals? Instead of prosecution, they are rewarded with a place on Forbes Richest People list.

That's why I have written several recent commentaries on the injustice of hundreds of thousands of people going to jail for smoking marijuana, while others stay free while defrauding the public of billions of dollars on behalf of their firms. This coverage is an example of how Truthout and BuzzFlash, seven days a week, keep a disciplined focus on issues that transcend the latest political campaign soundbites.

You won't hear much in campaign coverage about how Wall Street kingpins and corporate CEOs are breaking the law and getting away with it, with only fines to be paid out of their profits. In fact, as I have pointed out, we don't know of any case (although they must exist, right?) of any large Wall Street firm or corporation where fines have exceeded the profit made by engaging in what is normally known as stealing or fraud.

In short, on Wall Street and in many of our corporate boardrooms, crime does pay - both in net revenue and in not going to jail.

But to do this type of reporting and commentary, we need your donation. After all, Truthout and BuzzFlash don't accept advertising, and Wall Street would likely rather see us vanish than support us.

We need your support to ensure the truth gets out. We have about $22,000 left to raise during this drive. Please help:

Click here to donate. [ https://members.truth-out.org/donate ]
(Truthout is a 501(c)(3) nonprofit. EIN: 20-0031641)

*You can also donate by check, made payable to:*
Truthout, P.O. Box 276414, Sacramento, CA 95827
(Please include your email address on your check.) 

Thank you for making our work possible.

Sincerely,
Mark Karlin
Editor, BuzzFlash at Truthout

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><p><span style=3D"font-size: medium;">Are you as enraged as I am that many=
 of the top Wall Street millionaires and billionaires continue to commit fr=
aud with America's money and are never charged as criminals? Instead of pro=
secution, they are rewarded with a place on Forbes Richest People list.<br =
/>
<br />
That's why I have written several recent commentaries on the injustice of h=
undreds of thousands of people going to jail for smoking marijuana, while o=
thers stay free while defrauding the public of billions of dollars on behal=
f of their firms. This coverage is an example of how Truthout and BuzzFlash=
, seven days a week, keep a disciplined focus on issues that transcend the =
latest political campaign soundbites.<br />
<br />
You won't hear much in campaign coverage about how Wall Street kingpins and=
 corporate CEOs are breaking the law and getting away with it, with only fi=
nes to be paid out of their profits. In fact, as I have pointed out, we don=
't know of any case (although they must exist, right?) of any large Wall St=
reet firm or corporation where fines have exceeded the profit made by engag=
ing in what is normally known as stealing or fraud.<br />
<br />
In short, on Wall Street and in many of our corporate boardrooms, crime doe=
s pay - both in net revenue and in not going to jail.<br />
<br />
But to do this type of reporting and commentary, we need <a href=3D"http://=
org2.democracyinaction.org/dia/track.jsp?v=3D2&c=3Dvi2U4b3ezlhfjL8Yq%2BE1Nf=
kk3GmC28%2B6"><font color=3D"#cc0000">your donation</font></a>. <b>After al=
l, Truthout and BuzzFlash don't accept advertising, and Wall Street would l=
ikely rather see us vanish than support us. </b><br />
<br />
We need your support to ensure the truth gets out. We have about $22,000 le=
ft to raise during this drive. Please help:<br />
</span></p>
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<p style=3D"font-size: 110%;"><span style=3D"font-size: medium;">Thank you =
for your help.<br />
</span></p>
<p><span style=3D"font-size: medium; ">Sincerely,</span><br />
<span style=3D"font-size: medium;">Mark Karlin</span><span style=3D"font-si=
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Editor, BuzzFlash at Truthout<br />
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