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With publication of his memoir, The Courage to Act, on Tuesday by W.W. Norton & Co., Bernanke has some thoughts about what went right and what went wrong. For one thing, he says that more corporate executives should have gone to jail for their misdeeds. The Justice Department and other law-enforcement agencies focused on indicting or threatening to indict financial firms, he notes, "but it would have been my preference to have more investigation of individual action, since obviously everything what went wrong or was illegal was done by some individual, not by an abstract firm."
Obama went on to say that "[Holder] is deeply familiar with the law enforcement challenges we face: from terrorism to counter-intelligence; from white-collar crime to public corruption." Holder emphasized national security as a priority if confirmed, "We can and we must ensure that the American people remain secure and that the great Constitutional guarantees that define us as a nation are truly valued."
he says that more corporate executives should have gone to jail for their misdeeds.
originally posted by: Azureblue
a reply to: Swills
Ben Bernanke: More execs should have gone to jail for causing Great Recession.
Notice how these people come out and say these things when its too late to do anything about it?
I reckon these people do this kind of thing just to try n portray themselves as the good guy and position themselves for softer treatment by a jury someday.