Why doesn't the law ever prosecute the white collar crooks on Wall Street ? they steal more than anybody
5 Answers to "Why doesn't the law ever prosecute the white collar crooks on Wall Street ? they steal more than anybody"
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It's the best justice that money can buy. We stole 1/3 of the US from Mexico without the slightest provocation for doing so and the supreme court repeatedly laughed in the faces of Native Americans whose treaties we violated for profit. Now we've got 10 million illegal aliens getting jobs regularly and almost nobody is ever prosecuted for hiring them. Last year Obama "warned" CEOs if they didn't stop defrauding medicaid repeatedly he'd start throwing them in jail. In West Virginia a man whose company kept dumping toxic waste illegally became embarrassed at the publicity when he was repeatedly caught and, even though the fine was small, he merely contributed to the election campaign of a judge and hasn't been embarrassed since. In NYC, the billionaire mayor rented the cops out to Wall Street firms and then had them arrest 26 reporters in one day.
In none of these cases was there ever any significant public outcry. Quite the opposite, people often cheered and joined in on the effort. Conservatives are now insisting Obama has gone too far in regulating the banks despite the latest federal lawsuit against Bank of America for up to 3 billion dollars for blatant fraudulent practices. I'd say the corruption is so epidemic and institutionalized if they did start seriously cracking down and throwing bankers in jail the entire world economy would collapse. About the best we can hope for is to take it slow and steady and keep chipping away at the problem.Like (3)
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the government can't afford the kind of talent they need to beat the dream-team lawyers that these guys keep on retainer. they couldn't even lock up O.J., and he was was a penny-ante pla
yer compared to these tycoons Like (1)
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They get prosecuted. They get convicted. They go to prison. My father helped put quite a number of white collar types in prison for bank fraud. Either you don't read the news that reports that sort of thing or you live in a different neighbor.
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They have powerful lobbyists, and the role a lobbyists is to influence politicians at the national level. That includes legislators who make the law.
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Excuse me but I don't vote for lobbyists when I vote since lobbyists are not elected, they should not be allowed in congress or anywhere near it, especially if they are crooked and bribe politicians
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Best Answer (Chosen by Voting):
Posted by pixelbest Nov 3rd, 2012 at 2:30PM
One rule for the poor and another for the rich. They have friends in high places.
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