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Criminal Charges Against Banks?

Posted: Mon May 05, 2014 5:03 am
by snakeoil
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.
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.

Re: Criminal Charges Against Banks?

Posted: Mon May 05, 2014 8:40 am
by RealJustme
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.”
Same reason our Government hasn't been indicted although we have thousands of criminals involved in running it that are indicted ever year. Indictments are for individuals with names, not institutions.

Carlos

Re: Criminal Charges Against Banks?

Posted: Mon May 05, 2014 8:58 am
by Clownkicker
^^^^This from one of the Republican morons who think corporations are people.
Yes, they too have names, dimwit. :lol:

Re: Criminal Charges Against Banks?

Posted: Mon May 05, 2014 9:08 am
by RealJustme
Go ahead put the institution of your choice in jail with no bail, go for it. :lol:

Re: Criminal Charges Against Banks?

Posted: Mon May 05, 2014 12:06 pm
by Clownkicker
Everyone found guilty of a crime does not go to jail, retard.

You can fine corporations. You can put them on probation.
And most importantly, you can give them the death penalty.

Re: Criminal Charges Against Banks?

Posted: Mon May 05, 2014 12:19 pm
by RealJustme
You can fine corporations. You can put them on probation.
And most importantly, you can give them the death penalty.
You sure live in a bubble, for you're information that already happens. Here's a good example of businesses forced to meet safety standards for women or given the death penalty for failing to do so.

http://www.nationaljournal.com/health-c ... t-20140505" onclick="window.open(this.href);return false;