Essay --

No Jail Time for Big BankersIn the hold Why DOJ Deemed Bank Execs Too Big to Jail, author Ted Kaufman reports how banking executives never serve jail time for their part in pecuniary fraud. there are three main reasons that executives are not prosecuted the American presidential term is showing little effort in bringing the big sens executives to justice, if the banks and executives are prosecuted, thousands of innocent people could be out of jobs, and the health of the monetary fabrication may crumble. Mr. Kaufman wants his readers to understand that although the citizens merit for these financial executives deserve to go to jail, over that past few years, it has been shown that not only that it hasnt happened it probably will not happen in the future either. Is it unspoiled that they can dodge going to prison for their greed and illegal activities, that a man who steals food from the grocery store to feed his esurient family serves years in prison? The answer is no, beca use some of these banking executives have robbed the American people of their life savings and have put Americas banking systems in a downward spiral with no real encourage by the government to garter stop this and help bring the executives to justice.The American government has done very little to help in the efforts to bring these executives to justice. Congress didnt agitate strengthening criminal enforcement of federal fraud laws regarding financial institutions after the 2009 financial crisis. They passed the Houses bill by a very gigantic margin. The bill is called the Fraud Enforcement and Recovery Act. Even the Obama administration established a task force to oversee the investigations. Attorney General Eric Holder plain said, We will be relentless in our... ...ir jobs, their homes, and their financial stability. If the financial pains crumbles, it will be felt worldwide. When people lose their jobs, they are no longer to take out loans and make payments on the loans they already have. at that place is no money going into the banks. If the American financial institutions fail and the industry crumbles, stocks will plummet and businesses will close. So whats the solution to the occupation?Mr. Kaufman definitely is on to something. Justice for All should mean something. Why shouldnt CEOs be held accountable for their actions? If we continue to let them exit away with it, they will continue to take their bonuses, cut corners, and not fretfulness that they are doing anything illegal, or at the very least, unethical. If we want to prevent the impuissance economy from happening again, we must stop these executives and hold them accountable.