5 ms·
That’s silly in my opinion. I didn’t see any of the actual big wigs go to prison for 2008 but Sam is an easy target with the dual effect of vilifying cryptocurr
by huytersd 3y ago
That’s silly in my opinion. I didn’t see any of the actual big wigs go to prison for 2008 but Sam is an easy target with the dual effect of vilifying cryptocurrencies.
- bdjsiqoocwk 3y agoCould you give us a name of one or two big wigs that in your opinion should've gotten 40-50 years in prison due to 2008?
- stalfosknight 3y agoAll of them would be a good start.
- ants_everywhere 3y agoYou can't just mass imprison your enemies because they made you upset.
- gostintheshell 3y ago[flagged]
- pram 3y agoRichard Fuld and Henry Paulson for sure. Kerry Killinger and Christopher Cox for the encouragement of the others.
- tomoyoirl 3y agoBigwigs have done many things, but most of them weren’t doing things like offering unregistered securities and lying about how they used customer funds for their own investments. Those are crimes in a way that other 2008-stuff generally wasn’t.
- charonn0 3y agoHis crimes are closer to those of Bernie Madoff than, say, Jamie Dimon. Madoff was sentenced to 150 years.
- viraptor 3y agoThat one's silly too. Unless someone is so damaged they're not capable of ever not harming others, (think psychopathic murderers) what's the point of sentences that long? Anything past 15 years or so effectively destroys their existing lives anyway. I think that crosses from punishment to unnecessary cruelty and stuffing prisons.
- JojoFatsani 3y agoIf you destroy other people’s lives why should yours be intact?
- viraptor 3y agoHow did you get from "15 years already destroys their current lives" to "intact"?
- rKarpinski 3y agoYes prisons, notorious for being over populated with those who ruined the lives of hundreds of people through multi billion dollar financial crimes.
- woooooo 3y agoThat's the point, uniquely unsympathetic people get sentences that are about making us feel good for handing them out. Add in Madoff's victims being rich and connected and you get 150 years.
- gamblor956 3y agoMost of Madoff's victims were middle-class. Very few were rich. None were connected. He was still getting away with the scam for years after the allegations started spreading.
- mihaic 3y agoBecause others have not been properly punished that means he doesn't have to be punished as well? Not sure I get your logic.
- deleted 3y ago[deleted]
- kylecazar 3y ago2008 was caused by the confluence of irresponsible political AND financial decisions. Irresponsible and illegal aren't the same thing.
- xeornet 3y agoLegal and right are also not the same thing. I hope laws changed as a result.