Showing posts with label prosecute. Show all posts
Showing posts with label prosecute. Show all posts

Monday, December 05, 2011

Prosecute the bank CEOs and Wall Street



 Steve Kroft of “60 Minutes” got tired of waiting for the Justice Department to prosecute the big banks that caused the financial crisis.   They asked the questions that the media has been avoiding.
This is a good start.  the next step is to prosecute the CEO's of the major banks.  Only 2 have been prosecuted for the fraud of  $14 Trillion.  Based upon the Savings and Loan fraud of the 1980's, at least 1,000 should be going to jail.  Ask the Obama Administration,  ask your Congressperson why no one is going to jail.

Robert Scheer. You can arrest an idea. On Truth Dig.

"For a confirmation of that point, I also intended to present the mayor with the transcript of U.S. District Judge Jed S. Rakoff’s ruling this week rejecting the sweetheart deal between the SEC and Citigroup. The settlement, one of dozens like it offered to the banks, would have let Citigroup off the hook for a pittance in fines in return for closing cases involving immense corruption on the part of the bankers, who would not have to admit guilt for their crimes.
 
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