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>There are even further systematic abuses that should see thousands jailed, such as deceptive marketing and intentional misrepresentation of clients. I'm okay
by tsotha 14y ago
>There are even further systematic abuses that should see thousands jailed, such as deceptive marketing and intentional misrepresentation of clients.
I'm okay with that as long as all the homeowners who lied about their financial situation go to jail as well. How many thousands of otherwise ordinary people made false statements on loan applications?
- wnight 14y agoOh, so you aren't okay with charging a single uber-fraudster until all the little guys are safely put away. That's handy. While I agree that the little guys committed crimes too the bankers were ALSO in a position of power AND have a duty to protect their clients AND engaged in an on-going conspiracy to commit fraud. I'd be pissed if someone tried to cheat me on EBay, I'd be livid if I discovered my banker had intentionally been giving me bad advice because he profited on every dollar I lost. The difference in scale between these things is so monumental that it makes your comment seem absurd.