Thursday, March 07, 2013

It's Official: Too Big to Fail Banks Are Too Big to Jail


If the Banks themselves are "Too Big to Jail", that's not to say that Corporate Officers and Members of the Boards of Directors of these entities who oversaw their organizations malevolent acts are "Too Big to Jail" ... Iceland proved that. And maybe by tempering reward with risk on the part of the leaders of these organizations we can modify the behavior of the organizations as a whole. Since the Right seems to be hot on defunding the IRS, then IRS Audits of the principles running the TBTF Banks leading up to the 2008 crash should be the first order of Business. Remember, Al Capone was taken down by an auditor.
Read the Article at HuffingtonPost

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