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In reply to the discussion: A fine of just $300 [View all]tclambert
(11,194 posts)13. Collateral consequences! Collateral consequences!
If you make financial criminals pay for their crimes, it might hurt their business, which might cost some innocent employees their jobs. And then they'd have to move to the bank that picks up the additional business, so there's not really any net change in jobs or amount of business overall. But collateral consequences means bankers never have to say they're sorry.
Jeez, if you put bankers in jail, people might get the idea that no one is above the law. Then even billionaires and former Presidents of the United States might face justice. If you prosecute financial crimes, why pretty soon you'd end up prosecuting war crimes. Can't have that.
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Sure--after SDNY prosecutors asked her to because he co-operated with them. The SEC wasn't happy,
msanthrope
Apr 2014
#30
I've been reading this thread and came to this-I'll insult ya msanthrope-consider it done fool. n/t
bobthedrummer
Apr 2014
#41