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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (788863)6/10/2014 12:49:30 AM
From: i-node  Read Replies (1) | Respond to of 1576159
 
>> My problem with Obama is that he didn't just nationalize all those banks and prosecute the jokers that were running them.

I'd be the last one to defend Obama. But the reality is you couldn't prosecute people because laws weren't broken, and if they were, you couldn't prove it in a court of law. The kind of things you're talking about are almost impossible to convey to a jury, and everyone knows it. Reasonable doubt is a pretty low bar when you're talking about markets and speculation and complicated legal agreements.

I've been through this process with a number of clients. One, in particular, I worked closely with for a couple years. The government broke him. But they didn't convict him. Meanwhile, on the same deal, they incarcerated small fish whose biggest mistake was to show up for an FBI interview without a lawyer.

I've not seen evidence of any widespread criminal activity. But saying people should be prosecuted and actually doing it are totally different things. Particularly when the defendants have unlimited money to spend on teams of the expensive lawyers.