Typo in my post. The correct pages in the congressional Record are H 14041 through H14047. Sorry!

The article just states the facts. 1995 House Congressional Record pages H 14041 through H 14047 details the absolute root cause of the crisis and “why”, as this article states, no “powerful” executives have risks or will ever be prosecuted. HR1058/S240 Private Securities Litiagation Reform Act of 1995 legalized the impending fraud
and established immunity for the executives. Really interested people should go there for truth. THE MEDIA WON’T. The following is an exerpt of one of many Articles entered into the record. “[From Money, September 1995] Congress Aims at Lawyers and Ends Up Shooting Small Investors in the Back] [By Frank Lalli, managing editor]
Imagine a law that makes it much easier for crooks to swindle investors and far more difficult for the victims to sue to get their money bak. A law so extreme that it would: Allow executives to deliberately lie about their firms prospects. Prohibit investors from suing the hired guns who assist a fraudulent company, the so called aiders and abettors, including the accountants and bankers.” …
“[From Money Magazine, November 1995], Your Letters of Protest May Stop This Congress From Jeopardizing Investors: …If the Senate version becomes law, Sen. Paul Sarbanes (D-Md) says, "A lot of very fast games by some very fast artists are going to be played on the investing public.”
Finally, (because of character constraints in NewsTrustposts):
In a letter to President Clinton by the Fraternal Order of Police, National Legislative Program, Washington D.C, November 29, 1995. …the single most significant result of this legislation would be to create a privileged class of criminals, in that it virtually immunizes lawyers, brokers, accountants, and their accomplices from criminal liability in cases of security fraud."
HOW DOES THIS FIT IN THIS ARTICLE?
Perhaps as Col. Jessup (Jack Nicholson) yelled near the end of the movie “A Few Good Men” (as his world came to justice “You (we) can’t handle the truth!!!”

Hey Francis,

Teriific info. Write more about this financial fiasco. Perhaps an Op=Ed.

Thanks Julia. Sadly, you have no idea as to how many op-eds with copies of those seven pages of Congressional Record I have sent (Registered/return receipt at my own expense prior to the last election), with cover letter summaries to journalists, editors, congressmen (including Rep. John Dingell (D-Mi) who, on House Cong. Rec. page H 14041 gave the most vivid, detailed and accurate “prophesy” of the financial collapse to come 13 years later. He even used “Ponzi” as the example of the pending doom being enable by the legislation.
The magazine examples I cited are merely a sample. The seven pages I reference are in 4 point type with so much detailed accurate prophesy that you would be astonished at how the media today will not touch it with a ten foot pole. Journalists would lose their jobs. That one was called the “Tort Refom Bill” but the key word is “Financial”. The new “Tort Reform” will protect the Executives in the Health Care industry (but it will be smoke screened as “to help the Doctors” whom the Executives will OWN when it is passed. I gave up my crusade. It is a hot potato the media will not touch. They will not look back past Y2000. Thanks again.