While Sessions demands harshest penalties for minor crimes, he refuses to criminally charge Citigroup.
Our financial system is not merely corrupt in practice. It is corrupt by design.
Maybe we should have broken up the banks!
It is time for Progressives to stop thinking only defensively, and start thinking about what we can win.
MSNBC, Up with Steve Kornacki, Dec. 13, 2014. Rep. Jim Moran attacks Sen. Elizabeth Warren for pushing to remove the provisions written by Citigroup dismantling Dodd-Frank in the cromnibus spending bill that narrowly passed the House. Read more... http://crooksandliars.com/2014/12/moran-accuses-warren-demagoguery-kornackis
"They took it back, re-edited it and made sure it said exactly what they wanted it to say.”
David Weidner, who covers Wall Street for MarketWatch, says the settlements "appear to be just another cost-of-doing-business budget line for the banks,"
Federal guidelines require prosecutors to weigh the broader economic consequences of charging corporations. What about the consequences of NOT charging them?
The Other 98% Urges Wall Street Execs to Donate $91 Billion in Bonuses to Victims of Financial Crisis.
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