Mobile
Monday, April 1, 2013
News / Opinion Time to tell the feds to put crooked bankers in jail
Posted By John Grooms on Mon, Apr 1, 2013 at 2:19 PM
Here's what bugs me and millions of other people: No one connected to the international financial meltdown - not even one member of the small army of bankers whose recklessness practically tanked the world economy - has spent even one day in jail. Never mind all the crooked goings-on in the housing market - the irresponsible loans, the illegal foreclosures. The vultures responsible are nowhere near seeing the inside of a prison, either. And those bank officers who laundered money for international drug dealers and/or terrorists? Scot free! Why? Well, they're not just too big to fail, they're too big to jail, at least according to the U.S. Department of Justice.
This is an attitude that doesn't sit well with Americans' traditional ideas of justice, and it sure didn't sit well with Sen. Elizabeth Warren of Massachusetts, either. The outspoken critic of banksters did a beautiful job of shaming supposed federal bank regulators recently by simply asking them how many bankers they have prosecuted. Check out the video:
If you're not happy about bigshots being catered to when they should be wearing stripes, here's a chance to let the federal government know about it. Tomorrow at noon, Action NC, a group affiliated with MoveOn, will present a petition to the U.S. Attorney's office, at 227 W. Trade St., uptown, telling President Obama that he needs to stop yakking about Wall Street reform and start doing something about it. The petition, by the way, has been signed by about 333,000 people nationwide. Find out more information about the event here.
Related Stories
-
BofA raided U.S. Treasury to build New York skyscraper
A study reveals the Charlotte-based bank used tax-exempt bonds to build its New York hub
Speaking of...
Comments (4)
Showing 1-4 of 4
Latest in The CLog
More by John Grooms
-
DVD review: Drag Me to Hell
Drag Me to Hell isn’t exactly scary, but ...
-
Question the Queen City: Charlottetown Mall and its nearly forgotten time capsule
A child's coffin contained relics of the past that stood neither the test of time nor the elements
-
Question the Queen City: Hugh McManaway, the man behind the statue
It pays homage to a traffic director, friendly neighbor and one of Charlotte's most beloved local characters
