Why Have No Bankers Gone to Jail?
by Daily Bell Staff
The Daily Bell
Former money-market trader Paul Thompson was at his well kept brick-and-tile Dalkeith home, a couple of blocks from Perth’s Swan River, last Thursday when Australian Federal Police officers came to arrest him. The October 22 arrest was not a complete surprise, nor was it entirely unexpected. Thompson didn’t know an arrest warrant had been issued and he wasn’t told police were on their way. He spent the past week in Hakea Prison, south of Perth, awaiting extradition proceedings to the United States, where the charges have been filed. – Financial Review
Dominant Social Theme: US justice is always served.
Free-Market Analysis: One long-running financial meme of the mainstream media poses the question, why haven’t bankers gone to jail for helping to create the subprime crisis and subsequent Great Recession?
Back in 2013, it looked like that question would be answered by action when Benjamin Wagner, U.S. attorney for the Eastern District of California, targeted JPMorgan Chase.
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Source: http://financialsurvivalnetwork.com/2016/01/why-have-no-bankers-gone-to-jail/?utm_source=rss&utm_medium=rss&utm_campaign=why-have-no-bankers-gone-to-jail
Duhhh…Maybe because the Banksters that should go to jail are also the Banksters who control the counterfeit money system that pays the military and police? Would you be quick to jail your employer if you had nobody else to turn to? The money system is the corrupt tool that enables Organized Crime.