Finance Criminals

[Ian Livingston]

Apropos, perhaps?:
http://www.upworthy.com/head-doctor-says-a-rich-kid-isnt-guilty-because-hes-rich-reporter-says-what-were-all-thinking?g=2&c=upw1

On Tue, Dec 17, 2013 at 11:10 AM, rich <richard.romeo at gmail.com> wrote:
> I'm afraid you'd have half of wall street in the can. I'd be happy with no
> bonuses for 5 years for these putzes.
>
>
> On Tue, Dec 17, 2013 at 8:54 AM, David Morris <fqmorris at gmail.com> wrote:
>>
>>
>> http://www.nybooks.com/articles/archives/2014/jan/09/financial-crisis-why-no-executive-prosecutions/
>>
>> If the Great Recession was in material part the product of intentional
>> fraud, the failure to prosecute those responsible must be judged one of the
>> more egregious failures of the criminal justice system in many years.
>> Indeed, it would stand in striking contrast to the increased success that
>> federal prosecutors have had over the past fifty years or so in bringing to
>> justice even the highest-level figures who orchestrated mammoth frauds.
>> Thus, in the 1970s, in the aftermath of the “junk bond” bubble that, in many
>> ways, was a precursor of the more recent bubble in mortgage-backed
>> securities, the progenitors of the fraud were all successfully prosecuted,
>> right up to Michael Milken.
>
>
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