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View Diary: What's Happenin'? 1.27.13 (45 comments)

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  •  How can we know without criminal investigations? (6+ / 0-)

    Have the feds been soft on banking execs?
    Heavens to murgatroid, Yes!

    Are laws on the books inadequate for holding people criminally accountable?
    We won't know until we have some investigated, arrested and tried, will we?

    Has the Department of Justice been too timid or too intimidated by the complexity of the potential misconduct?
    Or is it the case that actions of the individuals who caused the crisis were potentially reckless and immoral, but not unlawful?
    Does the lack of prosecutions reflect a weakness in our system of justice?

    Or does it demonstrate the strength of a system that has resisted the political pressure to scapegoat executives who may have committed no crimes?

    "Who are these men who really run this land? And why do they run it with such a thoughtless hand?" David Crosby

    by allenjo on Sun Jan 27, 2013 at 08:36:45 AM PST

    •  We know because many employees doing (2+ / 0-)
      Recommended by:
      dharmafarmer, ranger995

      "due dillegence'" on bad loans were alerting the Feds, writing to their congress people, their Senators, the media and that whistleblowing went NOWHERE.

      If you check the PBS website it goes into more depth than the documentary "The Untouchables."

      The pre-financial collapse period was during the Bush administration but the new Obama administration did not take up the gauntlet and pursue the Wall Street CEO's who are responsible for what caused that collapse.

      ❧To thine ownself be true

      by Agathena on Sun Jan 27, 2013 at 12:32:21 PM PST

      [ Parent ]

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