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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (122339)	10/3/2012 10:03:44 AM
From: RetiredNow	Respond to of 149317

Good stuff. I'm all for penalties and fines against these companies. At least there is some justice, but you are missing the larger issue. When CEOs of banks understand that they will never be personally held liable for the fraud and criminal behavior of their own organization, what do you call these fines? The CEO would just call them a cost of doing business, especially when the fines end up being so puny in comparison to the profits they make from their connections to the Fed, front-running the Fed, and all of their criminal behavior. What does this remind you of? Al Capone. For him, all the collateral damage he caused was just a cost of doing business. Just because today's CEOs don't go around murdering people like Capone did, doesn't mean today's CEOs are not responsible for the destruction of millions of lives. I'd say they are far more destructive than Capone ever was. But we don't hold them criminally liable. Go figure.