http://fcic-static.law.stanford.edu/cdn_media/fcic-reports/fcic_final_report_full.pdf
U.S. judge asks: Why haven't the financial executives been prosecuted?
"Who Stole the People's
Money?" Thomas Nast's 1871 attack on Boss Tweed, used by the New York
Review of Books to illustrate Jed Rakoff's essay.
(Los Angeles Times / December 30, 2013)
By Michael Hiltzik
December 30, 2013, 11:17 a.m., As the five-year statute of
limitations approaches for the wrongdoing that bequeathed us the Great
Recession, the question of why no high-level executives have been
prosecuted becomes more urgent.
http://www.latimes.com/business/hiltzik/la-fi-mh-us-judge-20131230,0,4386369.story#axzz2pCij1ben <<
Jim Cramer: Shouldn’t they have indicted somebody who actually did bad things in banking?
JPMorgan Chase CEO Jamie Dimon: I think if someone did something wrong, they should go to jail.
Cramer: Well, who did? Who went to jail?
Dimon: One of the great things about America,
failure is not illegal or wrong. You can’t just say it failed. But I do
think America looked at the crisis—and this is too bad—and there was no,
anywhere, Old Testament justice. What they saw is people got
overpaid—and some of these people lost all their money, their
reputation, all that. If someone did something wrong, they should pay.
You’ve got to be specific. Did they do something wrong, or you just
don’t like the fact that they failed? You make investments. They don’t
always pay off. It doesn’t mean you’re a criminal.
Cramer: Right.
>> http://www.globalresearch.ca/why-arent-big-bankers-in-jail/5363388
[sidebar: The CRIMINALLY INSANE are readying the next one. This is how IT starts. On MEDIA, talking SOL (STATUTE OF LIMITATIONS). Never prosecuting grows more insanity with every insulated criminally insane!].
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