Rolling Stone: SEC: Taking on Big Firms is 'Tempting,' But We Prefer Picking on Little Guys Read more: http://www.rollingstone.com/politics/blogs/taibblog/sec-taking-on-big-firms-is-tempting-but-we-prefer-whaling-on-little-guys-20120530#ixzz1wqWEeZQj

Failure #3 is that even after the fact, they have so far failed to make cases against even the most obvious targets, from the Deutsche Bank executives who knowingly sold billions in risky mortgages they knew were “pigs,” to the Lehman bankers who hid liabilities and cooked the books in the infamous “Repo 105” case, to the creeps at Barclays who, in what one Wall Street attorney I spoke to described as “the biggest bank robbery in the history of the world,” siphoned off billions of dollars from the rotting hulk of Lehman Brothers just before that company’s collapse. In that deal, executives at Lehman and Barclays essentially sold Lehman assets and operations to Barclays at fractions of their real cost – and some of the Lehman executives involved went to work for Barclays right after Lehman collapsed. Lehman’s creditors unsuccessfully tried to get Barclays to pay back over $11 billion. Read more: http://www.rollingstone.com/politics/blogs/taibblog/sec-taking-on-big-firms-is-tempting-but-we-prefer-whaling-on-little-guys-20120530#ixzz1wqVwedTA