Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Thursday, August 18, 2011

Whistleblower: SEC Destroyed Thousands of Documents Linked to Wall Street Probes

News of the probe comes as the U.S. Securities and Exchange Commission is being accused of destroying thousands of documents related to potential violations by the nation’s largest banks and hedge funds. On Wednesday, Republican Sen. Chuck Grassley of Iowa said an agency whistleblower has sent him a letter detailing the unlawful destruction of records detailing more than 9,000 information investigations. The documents included cases linked to the financial crisis such as Goldman Sachs, AIG, and the Bernard Madoff Ponzi scheme. The whistleblower, Darcy Flynn, has worked as a lawyer at the Securities and Exchange Commission for 13 years. In a statement, Grassley said: "It doesn’t make sense that an agency responsible for investigations would want to get rid of potential evidence."

Origin
Source: Democracy Now! 
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