Wednesday, October 23rd, 2013

"Until We See People Prosecuted And Thrown Behind Bars I Don't Think We're Going To See Changes"

Today, one Countrywide exec was named as actively perpetrating fraud, and current owner Bank of America was mildly fined. It begins! Or… maybe it ends.

In case you missed this last night on "All In With Chris Hayes," and you possibly did… Alexis Goldstein totally WENT OFF on JP Morgan and Wall Street and it was delightful. (Also it was set up with the best Alex Pareene clip, which is wonderful.) The poor banker dude tried to get in that like "Oh if we prosecute bankers then the banks won't loan!" Which is hilarious, since… the banks really did give up on a lot of loaning—not just in the U.S. but all around the world.

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Ralph Haygood (#13,154)

Guillotines might be more appropriate, but yes, I'd settle for some nice, long prison sentences, and no getting out early for good behavior, either. Some nice, big fines, not just of the banks but of the banksters themselves, would be good too. The ones who go to jail shouldn't walk out still rolling in stolen money.

I suppose it would be asking too much to throw in the banksters' media toadies, but maybe some of them could at least be tarred and feathered.

BadUncle (#153)

So the US Government sends money to study the feather color of the first birds on earth, but not what the impact would be to prosecute actual criminals. And they have an historical record to work with for both. Ugh.

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