NO QUARTER FOR CORRUPTION (Focussing on The Fed./FRBS)

[Transat 5]

As has been the case so many times in the past, it was not the SEC that picked up Pollet’s illegal trading activities but, in this case, SG Cowen’s internal compliance department identified the activities and notified the SEC in late 2001 of the problems. SG Cowen terminated Pollet in December of 2001 based on the activities.


Contemplating this.
It seems to me that this is racketeering on a vast scale under the RICO ACT.

Perhaps we should call the Feds in on the SEC who seem to be a part if not arguably the perpetrators !!