Economics @ ITT

Big Banks Are Too Big to Jail

Posted in economics by ittecon on March 12, 2013

Pardon my vernacular, but Eric Holder is a pussy, and  the US government is staffed with wimps, excepting a small handful in the company of Bernie Sanders and Elizabeth Warren. It’s such a short list, I should just name all of the allies of the People who stand up to the majority of Corporate puppets, but I’ll leave that for another time.

“I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if we do prosecute — if we do bring a criminal charge — it will have a negative impact on the national economy, perhaps even the world economy,” Mr. Holder told the Senate Judiciary Committee. “I think that is a function of the fact that some of these institutions have become too large.”

via Realities Behind Prosecuting Big Banks – NYTimes.com.

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