Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (886842)	10/4/2015 9:48:54 PM
From: RetiredNow	Read Replies (1) of 1574559

We live in a country of laws and what made this country great was that no one was above the law. Under Obama and Holder, that truism has been shattered. Even Bernanke thinks Holder should have prosecuted the individuals that were engaged in illegal activity that brought the financial system down. Things don't magically fix themselves. We have to fix them. Holder has been complete derelict in his duty to prosecute crime and Obama is the one who backed him and appointed him, therefore, he too is culpable. -------- Ben Bernanke: More execs should have gone to jail for causing Great Recession usatoday.com The decision about whether to prosecute individuals wasn't up to him, he says. "The Fed is not a law-enforcement agency," he says. "The Department of Justice and others are responsible for that, and a lot of their efforts have been to indict or threaten to indict financial firms. Now a financial firm is of course a legal fiction; it's not a person. You can't put a financial firm in jail." He would have favored more individual accountability. "While you want to do everything you can to fix corporations that have bad cultures and encourage bad behavior — and the Fed was very much engaged in doing that — obviously illegal acts ultimately are done by individuals, not by legal fictions."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next