Comments: We need banks to fail. What other language speaks?

there is discussion on TBTF playing in (closed linkedin) Financial Crime Risk, Fraud and Security ... a few of the references:

HSBC's Settlement Leaves Us In A Scary Place
Outrageous HSBC Settlement Proves the Drug War is a Joke
Neil Barofsky: Too Big to Jail -- Our Banking System's Latest Disgrace
The Punishment and the Crime; Banks Don't Go to Prison
UBS Libor Manipulation Deserves the Death Penalty
How Bankers Help Drug Traffickers and Terrorists
"Mexico's drug war undiminished in some areas
close to Texas, authorities say"
Insight: How Colombian drug traffickers used HSBC to launder money
JPMorgan Chase slammed by regulators for control failings after botched derivatives bet
Once Again, Jamie Dimon Gets Special Treatment
OCC Issues Cease and Desist Order Against JPMorgan Chase, N.A., Related to Bank Secrecy Act/Anti-Money Laundering
Professor Coffee Hits a Nerve at SEC
Has Departing SEC Enforcement Chief Robert Khuzami Become Damaged Goods?
How to Cut Megabanks Down to Size
The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
Banking Regulator Calls for End of 'Too Big to Fail'
What's Inside America's Banks?
Lanny Breuer Now Blames 94 US Attorneys for Immunizing Banksters
The Fed's Too Easy on Wall Street
Banksters used $85 billion of $140 billion taxpayer TARP money for bonuses in 2008
Yglesias Pours the Geithner, Holder, Breuer (GHB) Banksters Immunity Doctrine in our Drinks
Are Banks Too Big To Prosecute?
The Untouchables

Posted by Lynn Wheeler at February 1, 2013 01:29 PM

one of the comments along the way was that over 700 people were convicted in the S&L crisis ... but in this latest event ... which has been significantly worse ... nobody is doing jail time.

Posted by Lynn Wheeler at February 1, 2013 06:12 PM
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