Put bankers behind bars
Big banks have been caught in a massive scam to rig global interest
rates, ripping off millions of people on their mortgages, student loans
and more! We'd go to jail for this, but Barclays bank has only been
fined, and just a fraction of their profits! Outrage is mounting -- this
is our chance to finally turn the tide of the banks' reign over our
democracies.
The EU finance regulator, Michel Barnier is standing up to the
powerful bank lobby and championing reform that would put bankers behind
bars for fraud like this. If the EU goes first, accountability could
quickly spread across the globe. But the banks are lobbying hard against
it, and we need a massive surge of people power to drive these reforms
through.
http://www.avaaz.org/en/bankers_behind_bars_f/?tXtZPcb
Prison would be nice, but if you
really want to send a message to future generations of money-junkies,
then I recommend hanging, drawing, quartering, burning, then having a
dog piss on the ashes!
But this is a very deep problem. Banks compete globally. If banks abroad cook their books and do the Enron thing, and we decide not to, eventually Barclays or someone will grab some of our banks in hostile takeovers. When one does it, the others almost have to to show the same kinds of returns that protect them (even if it's based on fairydust)
The only thing they can prove easily is insider trading, and that's pretty much the only prosecutions that have come to fruition with jail time.