Prosecuting Wall Street

With a story about prosecuting Wall Street featured on the most mainstream of TV news shows, CBS’s Sixty Minutes, might there finally be enough momentum for some banking executives go to jail?

In this segment, two high-ranking financial whistleblowers say they tried to warn their superiors about defective and even fraudulent mortgages. Reporter Steve Kroft questions why the companies and their executives haven’t been prosecuted.

majestic

Majestic is gadfly emeritus.

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12 Comments on "Prosecuting Wall Street"

  1. Anarchy Pony | Dec 5, 2011 at 5:57 pm |

    Didn’t someone float an idea about a secret society of parkour practicing assassins a week or two ago? Whatever happened to that?

  2. Anarchy Pony | Dec 5, 2011 at 1:57 pm |

    Didn’t someone float an idea about a secret society of parkour practicing assassins a week or two ago? Whatever happened to that?

    • Jin The Ninja | Dec 5, 2011 at 2:30 pm |

      i don’t know what happened to everyone else, but i show up to my designated roof top every morning…

  3. Jin (仁) | Dec 5, 2011 at 6:30 pm |

    i don’t know what happened to everyone else, but i show up to my designated roof top every morning…

  4. Anarchy Pony | Dec 5, 2011 at 6:48 pm |

    No one even told me about a designated rooftop…

  5. ” If you look at Prosecutors all over the country they are bringing record cases with respect to all kinds of criminal laws”

    For one durrr its election time, time to sling the mud . Second in respect to fruad in our goverment you will see everywhere them taking down the small guys thats it.. 

    For example two assembly people from NY city. Both have been clearly set to be the fall people slamming these “accused” of false perdiums , possible bribes and fraud. Did I mention they are both black? 

    Anyways this is what you will see taking out the small guys who do the exact same things as others in our goverment. Yet crooks like Bruno get paid back 100k, even after committing serious offenses.

  6. ” If you look at Prosecutors all over the country they are bringing record cases with respect to all kinds of criminal laws”

    For one durrr its election time, time to sling the mud . Second in respect to fruad in our goverment you will see everywhere them taking down the small guys thats it.. 

    For example two assembly people from NY city. Both have been clearly set to be the fall people slamming these “accused” of false perdiums , possible bribes and fraud. While the Federal prosecutors and DA’s pound there chests “Look what good jobs we are doing..”

    Anyways this is what you will see taking out the small guys who do the exact same things as others in our goverment. Yet crooks like Bruno get paid back 100k, even after committing serious offenses.

  7. Anonymous | Dec 5, 2011 at 7:07 pm |

    Let them shiver from the keiki cold whisper of unseen assisted jigai.

  8. Girlindaytona | Dec 6, 2011 at 6:55 am |

    The October surprise?

  9. Girlindaytona | Dec 6, 2011 at 2:55 am |

    The October surprise?

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