Without real penalties, like say, hanging a few bankers in front of the New york Stock exchange on national TV, nothing will change.
There is a difference between going after criminals on wall street, and going after wall street. Find a real, serious, provable crime, then fine go after the criminals, it doesn't matter if their in wall street, or living on the streets. . But a general campaign against bankers and investment bankers, and brokers etc. isn't going to do much good, and even for those that support the death penalty (many do not) hanging seems to far for many of these crimes (and isn't the legal punishment for the crimes, even if it became the normal legal punishment, that should only apply to future crimes, and isn't in any case a change I'd recommend.)
As for the financial crisis and following recession, there are many causes, some of which have rather long roots back in to the past. |
