SEC subpoenas Goldman, JPM, Citi, BofA, Wells on foreclosures

Too much more of this and we might have a functioning federal regulatory system. Goodness, that would be just so wrong. I’m sure Barack (“I heart banksters”) Obama and the incoming Republican committee heads in the Senate need to move quickly to end this foolishness.

Wait a minute. Now some of those damn states are suing banks and citizens are filing whistleblower complaints. This is getting out of hand. And OMG, the Madoff trustee has sued Citi and BofA.

When will this madness end? Because if it doesn’t, then people might think our finest financial institutions are just thinly disguised criminal enterprises.

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