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Prof. William Black, On Point, Prosecute to the top 1% of Wall Street...

Tuesday, October 18, 2011 at 10:00 AM EDT
Prosecuting Financial Titans

Three years and counting since Wall Street collapsed. The case for prosecution of financial titans is still with us.

Occupy Wall Street protestors march towards Wall Street after being heartened by the postponement of a scheduled cleanup of their camp at Zucotti Park that many protestors saw as a de facto eviction, Friday, Oct. 14, 2011, in New York. Some arrests have occurred after a few hundred protesters left Zucotti Park and marched to the area around the New York Stock Exchange. There are barricades and mounted police around the exchange. (AP)

Occupy Wall Street protestors march towards Wall Street after being heartened by the postponement of a scheduled cleanup of their camp at Zucotti Park that many protestors saw as a de facto eviction, Friday, Oct. 14, 2011, in New York. Some arrests have occurred after a few hundred protesters left Zucotti Park and marched to the area around the New York Stock Exchange. There are barricades and mounted police around the exchange. (AP)

They’re arresting Occupy Wall Streeters for trampling grass in public squares. But the finance titans who trampled the U.S. economy in the collapse of Wall Street, says my guest today, have gone scot free.

William Black is a warrior on finance ethics and legality. He was in the thick of the slew of prosecutions after the 1980s S&L scandal. It’s not too late, he says, to prosecute over the 2008 collapse and its run-up. And we should.

For justice and the future of the country. All the way to the top.

 

http://www.wbur.org/media-player?url=http://onpoint.wbur.org/2011/1...

 

-Tom Ashbrook

Views: 81

Tags: Black, Citi, Countrywide, Crime, DOJ, FBI, FRAUD, Financial, OTS, SEC, More…TBTF, William

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