Skip to main content

View Diary: Too Big to Jail? (158 comments)

Comment Preferences

  •  you asked: (1+ / 0-)
    Recommended by:
    scott5js
    what laws people on Wall Street might have violated
    The examples I gave were of ostensibly responsible parties misleading their very own clients for their personal financial gain, which surely might be fraud.  More than "might" actually. So I answered your question.

    The definition of fraud is: Wrongful or criminal deception intended to result in financial or personal gain. There no way any of the statements you suggested are even close to fraud.  

    •  OK ... (0+ / 0-)

      but my first example was a sales pitch to sell Enron stock when the company was beginning to get shaky. I believe the salesman continued on the same path when Enron was plunging further down. I got this example from a book entitled "The Anatomy of Greed." This was a matter of financial gain. My other examples were political, of course.
      My problem with this whole discussion is a presumption of guilt without review of what the charges might be.
      You know, these people can afford lawyers who are experts at catching adversaries with their pants down.

      Censorship is rogue government.

      by scott5js on Fri Apr 05, 2013 at 11:39:50 AM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site