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BainsBane

(53,066 posts)
Wed Apr 6, 2016, 09:13 AM Apr 2016

Sanders NY Daily News interview: Prosecuting Wall Street Executives

Daily News: Okay. Staying with Wall Street, you've pointed out, that "not one major Wall Street executive has been prosecuted for causing the near collapse of our entire economy." Why was that? Why did that happen? Why was there no prosecution?

Sanders: I would suspect that the answer that some would give you is that while what they did was horrific, and greedy and had a huge impact on our economy, that some suggest that...that those activities were not illegal. I disagree. And I think an aggressive attorney general would have found illegal activity.

Daily News: So do you think that President Obama's Justice Department essentially was either in the tank or not as...

Sanders: No, I wouldn’t say they were in the tank. I'm saying, a Sanders administration would have a much more aggressive attorney general looking at all of the legal implications. All I can tell you is that if you have Goldman Sachs paying a settlement fee of $5 billion, other banks paying a larger fee, I think most Americans think, "Well, why do they pay $5 billion?" Not because they're heck of a nice guys who want to pay $5 billion. Something was wrong there. And if something was wrong, I think they were illegal activities.

Daily News: Okay. But do you have a sense that there is a particular statute or statutes that a prosecutor could have or should have invoked to bring indictments?

Sanders: I suspect that there are. Yes.

Daily News: You believe that? But do you know?

Sanders: I believe that that is the case. Do I have them in front of me, now, legal statutes? No, I don't. But if I would...yeah, that's what I believe, yes. When a company pays a $5 billion fine for doing something that's illegal, yeah, I think we can bring charges against the executives.

Daily News: I'm only pressing because you've made it such a central part of your campaign. And I wanted to know what the mechanism would be to accomplish it.


http://www.nydailynews.com/opinion/transcript-bernie-sanders-meets-news-editorial-board-article-1.2588306
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Sanders NY Daily News interview: Prosecuting Wall Street Executives (Original Post) BainsBane Apr 2016 OP
It really is an awful interview. n/t Lucinda Apr 2016 #1
Bernie was correct about the DoJ too. Jefferson23 Apr 2016 #2
When it comes to banks, he wants to put people in prison for crimes he can't name. DanTex Apr 2016 #3
The daily email meme has been sent out I see. libtodeath Apr 2016 #4

DanTex

(20,709 posts)
3. When it comes to banks, he wants to put people in prison for crimes he can't name.
Wed Apr 6, 2016, 10:09 AM
Apr 2016

When it comes to gun companies, he wants to protect them from litigation.

Strange fella, this Bernie Sanders.

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