BANKSTERS: PRISON OR HANG THEM
Mainstream Economists like Nouriel Roubini Says We Need to Jail or Hang Some Bankers
“Nobody has gone to jail since the financial crisis. The banks, they do things that are illegal and at best they slap on them a fine. If some people end up in jail, maybe that will teach a lesson to somebody. Or somebody hanging in the streets.”
— Nouriel Roubini
Nobel prize winning economist Joe Stiglitz – other experts – say nothing will change unless dishonest bankers are jailed.
BIG BANKING = SCAM AFTER SCAM AFTER SCAM!
BUT THE EXCUSES FOR NO BANKSTERS’ BEING PROSECUTED ARE SILLY:
Infamous “revolving door” – bureaucrats bought off with Bribery or a Promised Job
DOJ and FBI have other priorities – FAKED TERRORISM
Financial frauds are TOO-HARD-TO-WIN
FAVORITE OF DOJ: BANKSTERS TOO-BIG-TO PROSECUTE
Prosecutors with the requisite knowledge have been moved to TERRORISM
DOJ BEEFS UP GOOD STATS to get funding with smaller, easier cases – Avoids Failures
Prosecutors want slam-dunk cases only
BS that it wasn’t Banksters fault people were encouraged to buy with SUB-PRIME SCAM.
BS that Banksters are INNOCENT and the mortgage scams were a society-wide breakdown with HOME-BUYERS and those that Bought JUNK DERIVATIVES were at EQUAL FAULT with the BANKSTER SCAMMERS AND FRAUDS.
Prosecutors last 30 years want delayed-prosecution agreements to settle Corp cases
Corporate executives love deferred prosecution agreements with hefty fines to avoid investigations – Great Cover Up of Executive investigation, Crimes and prison terms.
“Lax and dubious behavior on the part of prosecutors” who sweep crimes under the rug.
Going after companies is “technically and morally suspect” — Judge Rakoff
Prosecutors require evidence of a manager’s crime to prosecute a company – so why not prosecute that person instead? None have been!
Prosecutors slap down calls by lawmakers and others to prosecute bank executives as populist diatribes from ignorant people.
Why No Bankers Go to Jail
By Paula Dwyer Nov 17, 2013 3:01 PM PT BLOOMBERG
DOUBLE STANDARD – TWO SETS OF RULES!
Senator Elizabeth Warren (D-MA) asks regulatory agencies for criminal enforcement statistics since zero Big Time Wall Street criminals have been prosecuted since 2008 – 5+ Years.
Despite SIGTARP puny 164 staffing and $48 Million budget, they secured dozens of convictions. Three bank regulators receive $Billions / year and 1,OOOs of staff with zero results.
Warren’s six questions to FED, SEC, and OCC:
1. # Individuals and Senior officials your agency has charged criminally;
2. # Criminal convictions your agency has obtained;
3. # Prison sentences your agency has secured;
4. # Individuals and Senior officials charged civilly;
5. # Individuals your agency has suspended or permanently banned from working in the financial industry or elsewhere;
6. Total amount of funds your agency has obtained through civil judgment or orders of restitution.
Big banks have spent $66 Billion on legal fees related to the financial crisis.
Six Big banks have looted $207 Billion over last 3.5 years.
HSBC a UK MULTl-NATlONAL BANKSTER CAUGHT LAUNDERlNG DRUGS
EIizabeth Warren griIIed Treasury about a major Wall Street bank (HSBC) that was caught laundering MONEY for AQ and drug cartels — repeatedly — and only got a sIap on the wrist.
“If you’re caught with an Ounce of COCAlNE, the chances are good that you’re going to go to JAlL…but evidently if you launder nearly a $Billion for drug carteIs, your company pays a fine and you go home and sleep in your own bed at night. I think that’s fundamentally wrong.”
— SENATOR EIizabeth Warren – “We’re Americans. We celebrate success. We just don’t want the game to be rigged. We’ve fought to IeveI the playing fieId before.”