Our Attorney General: Some Banks Too Big to Prosecute

[The Dude]

[Indy]

I understand that but it was interesting to look at a different approach. Those people appeared totally f***ed back in '08 and now here they are. I guess my point was more: clearly we're doing something wrong.

Unless you're the banks of course, because they're just swimming along and of course the Dow was just crushing it this week.

Anyway, with regard to austerity (another poster)? It never ceases to amaze me that when a bunch of banks wipe out the economy and throw millions out of work and homes, that somebody decides: I know! The solution to fixing that is to cut gov't spending? Huh?!? That doesn't even make any sense.

It's a solution for a different problem, that doesn't help this one at all.

[eynon81]

[eynon81]

[Medius]

[The Dude]

[Indy]

Oh I understand the bailouts were necessary the first time. What is mind-blowing is that they didn't come with humongous strings attached. In fact, the opposite.

I've never seen anything like that. Here, how much do you need? Blank checks. No supervision. No probation. Nothing.

[Medius]

[spacemonkey]

[Mo~]

OK, forgive me for being a dumb little ol' gurl, or whatever, but.....

I get that some of the "banks" are TBTF, but what about the PEOPLE who orchestrated the mess? Why are they TBTP????

Mitt Romney is full of shit. Corporations are not people. People are who made the decisions and put into effect this mess. You don't have to prosecute nor breakup the "banks". We should, however, prosecute the PEOPLE.

I mean, if the head or the entire board of any of these banks decides to retire, they are simply replaced by new ones. Why would that be any different if they go to jail and have to pay fines and restitution???