The Penn State pedophile protectors Joe Paterno (dead "legendary" football coach) cashiered "University" President Graham B.Spanier (it's really a sports franchise/business masquerading as a university) and their other accomplices, like canned campus police chief Gary Schultz athletic director Tim Curley- the latter two facing criminal charges for lying to a Grand Jury, and failing to report the asssaults- are guilty of aiding and abetting serial child rapist Jerry Sandusky by hiding his crimes- not merely failing to report, but hushing them up. (A janitor who caught Sandusky in the act of one of his rapes had the good sense to keep his mouth shut, correctly intuiting that he would be fired if he reported it. And we know what happened when on another occasion an assistant coach caught Sandusky anally raping a boy- he told Paterno, who passed it along in a fuzzy manner to Curley, and a coverup when into train, which lasted for years.*)
Geithner and Bernanke did something similar with the LIBOR-fixing scandal by the megabanks whose servants and protectors they are. They kept quiet. They hushed it up. For years. But Geithner now points to a cover-his-ass email he sent to UK regulators, and thinks that gets him off the hook.
Bernanke, "explaining" at a Congressional hearing why he did nothing (and didn't even SAY anything PUBLICLY) says he had no authority to do anything about it! Of course, if he had merely made a PUBLIC STATEMENT about the fraud, or if Geithner had, that would have ended the game right there. Which they understood. Which is why they said nothing. Because their job is to aid and abet never-ending growth in profits for the biggest megabanks and oligarchic financiers.
In both scandals, aiders and abetters were effectively accomplices by throwing a protective blanket of secrecy over the miscreants.
*More sickening details: the criminal cabal at Penn State investigated Sandusky for molesting two boys in their showers in 1998. After that they paid the child rapist Sandusky handsomely to just go away. (But not too far away. He went on to rape at least 9 more boys in the same university showers, AFTER 1998, for which he has just been convicted.) The Freeh investigation uncovered the facts that Mr. Sandusky, upon his "retirement" after the 1998 investigation/coverup, received both an unusual compensation package AND a special designation of “emeritus” rank that carried special privileges, including access to the university’s recreational facilities. (Including his favorite rape spot, the showers.) Spanier, the president, approved a payment to Sandusky of $168,000. The silent janitor spotted him raping again in 2000. And who knows who else knew something- perhaps many people, who now protect their own reputations by keeping their mouths shut. ["Abuse Scandal Inquiry Damns Paterno and Penn State," NY Times, 7/12/12.]
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