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“Zero Accountability”: Glenn Greenwald on Obama’s Refusal to Prosecute Wall Street Crimes
Democracy Now! / Video Interview
Published: Thursday 5 July 2012
Glenn Greenwald talks about the 2008 economic crisis and how not a single top Wall Street executive has gone to jail.
Four years after the 2008 economic crisis, not a single top Wall Street executive has gone to jail. "These executives knew that they could take these huge risks and even break laws and pay no real price, and that’s what happened," says Glenn Greenwald, author of "With Liberty and Justice For Some: How the Law is Used to Destroy Equality and Protect the Powerful," and a blogger for Salon. "It’s not just a travesty of justice that we haven’t punished them for past transgressions. The real danger is that we’re continuing to send the signal to the world’s most powerful financial actors that they don’t have any fear of criminal accountability when they commit these obvious crimes."
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ABOUT Amy Goodman
Amy Goodman is the host of "Democracy Now!," a daily international TV/radio news hour airing on more than 900 stations in North America. She is the author of "Breaking the Sound Barrier," recently released in paperback and now a New York Times best-seller.
1 comments on "“Zero Accountability”: Glenn Greenwald on Obama’s Refusal to Prosecute Wall Street Crimes"
July 06, 2012 12:29pm
Slap on the Wrists is nothing new. The SEC did this back in the 70's to S&L Directors who knowingly approved loans that would DEFAULT and that the american tax payer had to pay. It was a great way to get money for political campaigns . And any fees incurred were again minimal to the theft.
These Loop holes, De-regulations, and unethical & illegal activities must be disclosed, prosecuted and that these elite people be eliminated from eligibility to work in these fields or positions of BOD's again. Let's put 500 financial accountants & prosecutors into the SEC to clean House, close loop holes and ensure we STOP Grand theft. Equal LAW for ALL... and we need to take the blindfold off of Lady Justice for good. Put computer's in to monitor these numbers and red Flag items for investigation on a weekly, monthly basis.
Then WE THE PEOPLE must pay for Set, Auditable, Campaigns for more of us to participate in the Government we want, not the GoverMINT & CONgress we currently have.