Banker Immunity

Nick of Denali Guide – link on my menu bar – wrote an article called “Bank Immunity,” which explains why the executives at big banks no longer face legal consequences for their crimes:

There were eight hundred forty-nine (849) convictions after the “Keating” Savings and Loan Scandal in the ’90s, and but only one (1) conviction since this meltdown began in 2006, and that was an Egyptian born Credit Suisse employee.  None of the so-called TBTF bank personnel were imprisoned. I don’t think these banks are “Too Big To Fail,” however they are “Systemically Important” Entities. These Banks are not allowed to fail as they are the Muscle for US Global Financial Policies

You can read the rest of the article here:   Denali Guide

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