Occupy Wall Street Files Suit Against Every Federal Regulator on Wall Street

Posted: March 3, 2013 by chad98036 in Uncategorized

Presented without context or comment


Occupy Wall Street has tossed aside its encampments and bullhorns and donned its legal garb and pro hac vices. Occupy Wall Street’s brain trust, Occupy the SEC, just filed a Federal lawsuit that encapsulates the crony capitalist state that passes today for democracy. 

The organization is suing every Federal regulator that resides in the pocket of Wall Street – which means they are suing every Federal regulator of Wall Street. And, spunky group that they are, they’re naming individuals too. Here’s the rundown: Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System, Martin Gruenberg, Chairman of the FDIC, Elisse Walter, Chair of the SEC, Gary Gensler, Chair of the Commodity Futures Trading Commission, Thomas Curry, Comptroller of the Office of the Comptroller of the Currency, Mary Miller, Under Secretary for Domestic Finance at the Treasury, Neal Wolin, Acting Secretary of the Treasury. 

To bring a lawsuit of this nature, plaintiffs who have a legitimate stake in the outcome must be named on the suit. Occupy the SEC has wisely selected two individuals, Eric Taylor and Kristine Ekman, who live in Brooklyn and hold insured deposit accounts with two major Wall Street firms. That’s highly relevant because the Brooklyn residences allow this case to be filed in the Federal District Court for the Eastern District of New York rather than the Southern District that covers the Wall Street area and lower Manhattan. 

source:  http://wallstreetonparade.com/2013/02/occupy-movement-files-lawsuit-against-every-federal-regulator-of-wall-street/

(I did the typewriter lettering to give you the feel of an old time AP news feed.  Just one of the added benefits of a boring Sunday afternoon)

  1. veeshir says:

    In several respects, Occupy Wall Street reminds me of the feminist movement. Corporate funded media has declared the women’s rights movement dead ad nauseam for four decades — and yet it thrives and reinvents itself. Similarly, corporate funded media has eulogized Occupy Wall Street from almost the moment of its nascent birth in the Fall of 2011.

    That part is pretty funny, the media propped the occutards up and hid what they said,, but I’m rooting for them on the lawsuit.

    It won’t do any good, but tilting at windmills is often a good thing.

    “Too Big To Fail” is one of the worst things I’ve ever heard in what is supposed to be a capitalistic society.

  2. jokelly65 says:

    thanks for this post, I actually read a few of the other “articles on the site and was .. lets say surprised at some of what I read.” and no not necessarily in a bad way.

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