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I'm surprised no individuals at the executive level have been charged with crimes, to be honest. Or perhaps it's simply too soon and that's the next shoe to dro
by erickhill 10y ago
I'm surprised no individuals at the executive level have been charged with crimes, to be honest. Or perhaps it's simply too soon and that's the next shoe to drop.
- cloudjacker 10y agoSurprised, he says
- Kalium 10y agoIt takes time, effort, and care to build a strong case against a senior executive. Not something that can be done overnight.
- ethanbond 10y agoDefinitely. That's why we're going on, what, almost ten years since the collapse with barely any real repercussions for any senior financiers in the county! We've just gotta be more patient... It'll happen.
- Kalium 10y agoAnd sometimes there are no senior executives who did anything clearly identifiable as criminal under the laws at the time. Just because something terrible happened doesn't mean it's provably criminal and the fault of particular people.
- ianai 10y agoIt does take a while. I don't think anyone was prosecuted for the Great Depression until about 10 years later, IIRC.
- the_watcher 10y agoIt takes a shockingly long time to get to the point where you can file criminal charges. IANAL (but I did go to law school) but you need time to, at minimum, decide which charges to file (and ensure there are no jurisdictional issues), where to file them, talk to witnesses, file requests for documentation, etc. On top of all that, if you don't dot your i's and cross your t's perfectly, a judge could dismiss the case.