Just another Wall Street republican in liberal clothing

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Vrede too
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Re: Just another Wall Street republican in liberal clothing

Unread post by Vrede too » Wed Oct 11, 2017 9:49 pm

O Really wrote:
Wed Oct 11, 2017 9:32 pm
Why only one top banker went to jail in the financial crisis...
https://www.nytimes.com/2014/05/04/maga ... risis.html

My monthly NYT access is used up. I know that I can clear cookies, but it's a hassle and doesn't always seem to work.

35 Bankers were sent to prison for financial crisis crimes...
http://money.cnn.com/2016/04/28/news/co ... index.html

Cool, I stand somewhat corrected, though am still feeling that it wasn't enough.

Why so few prosecutions...
http://billmoyers.com/2013/09/17/hundre ... nk-crisis/

That's my point, we needed more and we've managed it before. I think the S&L prosecutions scared a generation of bankers more than the prosecutions for the vastly larger Shrucession did.
So many liberals, so little time. :P

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billy.pilgrim
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Re: Just another Wall Street republican in liberal clothing

Unread post by billy.pilgrim » Wed Oct 11, 2017 10:21 pm

The 35 seem to have committed their crimes with the tarp funds after the big banks nearly destroyed the economy.

The lack of any real prosecutions has to be related to Obama's and holder's connection to WS - the subsequent payments to both mean something.
"Whenever injustices have been remedied, wars halted, women and Blacks and Native Americans given their due, it has been because “unimportant” people spoke up, organized, protested, and brought democracy alive." H. Zinn

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