Jason Calacanis Quotes
Imagine being 30 years old, thinking you were a media titan, and now you are labeled a 'scam artist.'
Calacanis, Jason. This Week in Startups, 2016.
Furgeson was running, with his wife as proxy, against the incumbent Texas governor who proudly announced that the state auditor had reported the state's books and budget were in balance.
The then attorney general had begun a series of investigation which discovered that most of the major Wall Street brokerage houses were engaged in systematic frauds to cheat small investors. One dramatic fraud he uncovered was that the research expert analysts of major firms would recommend the stock of businesses that their firm was doing investment banking for even when they knew that the companies were not doing well or were even in deep financial trouble. See {627544}.
Congress had passed special legislation making crimes at the Mint capital crimes.
Barry Bonds was a star professional baseball player whose accomplishments were aided by taking illegal drugs. He lied about his use of drugs, and the Department made a very large effort over years to finally prosecute him. However during that time there were almost no prosecutions of the thousands of bankers and financiers who had lied, cheated, forged legal documents and in the process almost permanently ruined the American economy—the Great Recession of 2008. The Justice Department claimed that white collar cases are very complex and take longer to prepare prosecutions. Critics claimed that there are so many law breakers, that the government does not want to prosecute all the felons, but just go after a few, and this is easier if time has gone by and public anger has receded or been forgotten.
Jason McCabe Calacanis is an American Internet entrepreneur, angel investor, author and podcaster.
