Wednesday, March 23, 2016

A long wait for the perp walk….

You remember the devastating financial meltdown of 2008. Homes lost. Jobs lost. Investments lost. Retirement savings lost.

The criminals who made it happen—bankers, mortgage lenders, regulators, investment advisors, credit rating agencies—have gotten away with it. Haven’t admitted guilt. Didn’t go to jail.

The Wall Street Journal says big Wall Street banks have paid $110 BILLION in mortgage-related fines and penalties since the crash.

No executive or manager anywhere has been convicted and sent to jail.

The shareholders of those big banks paid the fines.

You know what I’m saying.

Copyright © Richard Carl Subber 2016 All rights reserved.

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