Too big to jail.
The banks are JP Morgan Chase, Citi, RBS, UBS and Barclays. They pleaded guilty to criminal charges. Yet NOTHING is going to happen to them apart from paying some token fine, which amounts to "cost of doing business."
More importantly, their CEOs get off scott free. In fact, Jamie Dimon (JP Morgan Chase, CEO) is getting a pay raise to over $20 million per year.
Why the fuck do we have Sarbanes-Oxley? For what? To put two-bit reality TV stars in a jail? The law was supposed to make fraudulent or illegal activity by an enterprise ALSO a criminal and punishable offense to the CEO or executive who signed off on the company's documents.
Instead, Jamie Dimon and probably all of the other guys, got a raise, which is disgusting because it shows you that they really suck at what they do. They make money only when they cheat. They can't make it legitimately.
Worst of all, though, is the fact that this just highlights--IN YOUR FACE--how justice is a travesty. The system is corrupt beyond belief.
***P.S. Notice how our new Attorney General, Loretta Lynch, picks up right where Eric Holder left off: by letting these criminal enterprises and their leaders off with a slap on the wrist.
