Full Show: Too Big to Jail? | Moyers & Company | BillMoyers.com
Full Show: Too Big to Jail? | Moyers & Company | BillMoyers.com : Wall Street Bankers should Be Arrested: Corrupt Bank executives should be in jail by now. Full Show: Too Big to Jail? October 3, 2014 Attorney General Eric Holder’s resignation last week reminds us of an infuriating fact: No banking executives have been criminally prosecuted for their role in causing the biggest financial disaster since the Great Depression. “I blame Holder. I blame Timothy Geithner,” veteran bank regulator William K. Black tells Bill this week. “But they are fulfilling administration policies. The problem definitely comes from the top. And remember, Obama wouldn’t have been president but for the financial contribution of bankers.” And the rub? While large banks have been penalized for their role in the housing meltdown, the costs of those fines will be largely borne by shareholders and taxpayers as the banks write off the fines as the cost of doing business. And by and large these top executives