Too Big to Fail

President Donald Trump’s naïve (or willfully blind) notion that Wall Street will work better at raising capital if it is unleashed from strident Federal regulation is unhinged from the facts on the ground. Those facts, as illustrated above, are that the Boards of two of the largest banks in the U.S. are utterly spineless when it comes to holding their CEOs and employees accountable in the face of a tsunami of crimes.

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Also posted here on my Patreon page: https://www.patreon.com/posts/big-banks-too-on-5784994 Big Banks Too Rich for Jail: HSBC Whistleblower John Cruz Pulls Back Curtain on Corruption Published Jun 16, 2016 The Deep End episode 011: features an interview with HSBC Whistleblower John Cruz, who describes “The Perfect Crime” and the “Culture of Corruption” he witnessed – including the complicity of the U.S. Justice […]

In Part 1 of this series, I examined the history and early evolution of the annual meeting that takes place among world bankers and financial and monetary officials at the International Monetary Conference. Part 2 looked at the role of the IMC in the lead-up to the 1980s debt crisis.

By RUSSELL MOKHIBER | CounterPunch | May 24, 2013

In case you had any doubt that federal prosecutors favor corporations over individuals, check out Mythili Raman’s testimony before a House hearing this week.
Raman is the acting chief of the Criminal Division at the Department of Justice.
She appeared before the Oversight and Investigations Subcommittee of the House Financial Services Committee.