Saturday, 18 August 2012 18:02

Corporate Fraud Cases Often Spare Individuals

Rate this item
(1 Vote)

 

"“A lot of people on the street, they’re wondering how a company can commit serious violations of securities laws and yet no individuals seem to be involved and no individual responsibility was assessed,” Senator Jack Reed, Democrat of Rhode Island and chairman of a subcommittee that oversees securities regulation, said at a recent hearing."

Yeah, I keep wondering too. The "Just-Us" system is letting the worst of the worst off the hook to rape the public some more, all while patting themselves on the back for a job not done. - Wes

New York Times article

Comments can only be posted by CollapseNet members