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>> UNITED STATES OF AMERICA Latest News

MAR 06, 2013 - Zero Hedge

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The Government Has It Bass-Ackwards: Failing To Prosecute Criminal Fraud by the Big Banks Is Killing – NOT Saving – the Economy

U.S. Attorney General Eric Holder said today: I am concerned that the size of some of these institutions [banks] becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy As we’ve repeatedly noted, this is wholly untrue. If the big banks were important to the economy, would so many  prominent economists, financial experts and bankers be calling for them to be broken up? If the big banks ... Read More

Tags: The Government Has It Bass-Ackwards: Failing To Prosecute Criminal Fraud by the Big Banks Is Killing – NOT Saving – the Economy,  United States Of America Latest News