The racist element did immediately occur to me too but I was able to put it out of my mind immediately at least one rich crook is going down if not a WASP.  I guess he was the only perp-walk to photograph but it will be interesting to see who “executives from some of the most prestigious U.S. companies” turns out to be.

I strongly suspect that Goldman Sachs will not turn out to be one of those prestigious companies!

What? No WASPS? As others have noted; this isn’t even
mildly surprising. I’m sure Madoff’s major screwup was
making the SEC out for the dupes they are. Raj
Rajaratnam’s mistake was thinking he could play with
the big dogs. Where’s my popcorn and beer?

Doublestandards, Psmith, and I all immediately thought the same thing.  Notice that truthdig did not, and that it is a Prog media outlet.  It is why the American people are so racist; the racism is implicit in BOTH the Con and Prog media.  It is unstated, concealed in an Objective account of a non-routine arrest.

Unless the American people have a media that leads them to think in a peoplist way that serves their own interests, they will never resist the US power structure that imposes racist policies, as both Bush and Obama do.  The parties are both bought and paid for by the plutocaracy.  But it is the truth industries, the lerned and mass media and other truth organs, that instill the values and truth assertions that the amerian people identify with emotionally.

the US will never have a party or mass movement that repreents its common interests until it can develop a truth media with the values clower to the td commenters than to td.  And this requires not only money, but fighting as well the US intelligence and police agencies that consist now of two hundred thousand secret operatives.  this is a historical task and till it is done, the US will continue to sink into barbarism.

@ Folktruther, October 17 at 2:26 pm #

Ha! Agree exactly. You took the words right out of my mouth.

Guilty of “Stealing the rubes’ money on Wall Street without providing kickbacks to
the Neocons.” Must have thought this was a Free Country. Boy, was that a
mistake.

Raj has been arrested for a very serious offense, trading stocks while being non-White.  It is true that making 20 million dollars over several years is chicken feed to traders, who make a billiion dollars in a few hours, but if you can’t oppresse the non-Whie Foreigners in the US, who can you oppress?  and if he doesn’t like it, he can go back where he came from.  As soon as he gets out of prison, if ever.

Lucky we have Obama in power, those Gops are really racist.