Tag Archives: Growing Calls To Jail The Banksters

CommonDreams – With JPMorgan Under Spotlight, Growing Calls To Jail The Banksters – 28 October 2013

common-dreamsBank executives facing prison time for illegal activity would be better sanction than fine, say Wall Street reform advocates

– Andrea Germanos, staff writer

While JPMorgan Chase’s $13 billion settlement for its “shady practices that five years ago helped trigger the financial meltdown, including manipulating mortgages and sending millions of Americans into bankruptcy or foreclosure” has gained attention for its record amount, a number of banking reform advocates are saying real accountability will come when executives are prosecuted and sent to jail for illegal activity. Continue reading