Nicky Scarfo's investment banking companies are greatly diminished

FirstPlus Finiancial Group Inc.

http://resources.bnet.com/topic/firstplus+financial+group+inc..html

Rutgers Investment, a FirstPlus subsidiary with offices in Wayne, PA.

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=35859882

Now Eric Holder needs to pursue executives and former executives at Bear Stearns, AIG, Goldman Sachs and others.

300 Harleysville Bank employees lose their jobs.

An ordinary hometown bank goes under while the Wall Street bankers that caused Harleysville Bank’s problems receive gigantic bonuses with the aid of Federal bailout money.

300 jobs will be cut at Harleysville

By Harold Brubaker
Inquirer Staff Writer

http://www.philly.com/philly/business/20100130_300_jobs_will_be_cut_at_Harleysville.html?nlid=2815537

I could never understand the popularity of President Reagan.

But then I did not watch the evening news on TV. I was too busy working 12 hours a day 60 or more hours a week for most of my working life to have time for TV. I got all my news from the papers and read what Reagan said. It’s all vague pap when you read it; I guess it was in the delivery.

The Extremist Conservative Republicans that President Eisenhower thought would never have much clout in the Republican Party found their savior in President Reagan. The Extremist Conservatives quest to eliminate all traces of President Roosevelt’s New Deal found a leader. They were nearly completely successful.

But thank God they didn’t get their holy grail of eliminating Social Security by transferring the funds into the Stock Market. Our Social Security benefits would have been stolen by executives at Bear Sterns, AIG and (I kid you not) Nicky Scarfo's FirstPlus Finiancial Group Inc.

Read,
Reagan Did It
By PAUL KRUGMAN
New York Times May 31, 2009:

http://www.nytimes.com/2009/06/01/opinion/01krugman.html?_r=1

Us chickens need to get together and regulate the snakes before they steal all of our nest eggs.

But are some of those snakes are toxic enough to do jail time?

I have this nagging feeling that companies like FirstPlus Financial,Irving, TX; FirstPlus Development,Philadelphia, PA and Rutgers Investment Group Llc Wayne, PA; all of them owned by Associates of Nicky Scarfo and the Gambino Organization may benefit somehow from the ballot cash being doled out by Timothy Geithner.

I wonder if people like Nicky Scarfo and former Bear Stearns CEO and professional gambler James Cayne will be recipients of that bailout cash.

The FBI is on a major hiring spree particularly those with experience in the financial area. But will they get rolling in time to prevent people who I feel had criminal intent in the mortgage derivative investment field from benefiting from bailout cash?

An update:
I think the “bailout rules” are Enron style money laundering. Are there people whose business practices mirror Nicky Scarfo’s and James Cayne’s influencing the Obama Administration because they happen to be among the leadership of US Banking and International Banking?

Can we assume that the plan is to prosecute brown eyed CEO’s for racketeering and give the blue eyed criminal CEO’s billions in taxpayer’s money?

Is the “blue eyed Mafia” controlling the Obama Administration?

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/03/AR2009040303910.html?hpid=topnews

Are you concerned about the corruption in companies like AIG or Bear Sterns?

Something not mentioned by President Obama:
The FBI and USDoJ are “going gang busters” on a hiring spree that has not been seen in decades. Convictions and prison are coming for the boys and girls of investment banking.