- Mon May 05, 2014 5:03 am
#40218
We might finally see criminal charges against the banks for the rape of the world's financial system.
http://www.moneynews.com/Personal-Finan ... z30Pkb6vLP" onclick="window.open(this.href);return false;
This was given as an excuse for not charging the banks up until now.
http://www.moneynews.com/Personal-Finan ... z30Pkb6vLP" onclick="window.open(this.href);return false;
This was given as an excuse for not charging the banks up until now.
John Hueston, a former Enron Task Force prosecutor, told Bloomberg, “Prosecutors… rarely indict large institutions because of the potential widespread collateral damage to uninvolved employees and investors in the form of lost jobs and shareholder value.”So, if you attempt to rob a bank and get caught, they can't put you in jail because it will impact your wife and kids. The consequences outweigh the law.
