US Prosecutors to Hold Banks to Account




At last, three years on and millions of critical words later, US prosecutors are to move against bankers, the institutional ‘crime gangs’ as Prof Michael Hudson — with total impunity –calls them.

Eric Schneiderman

Attorney General Eric Schneiderman – Image via Wikipedia

Here for instance is the good professor in a recent transcript on his website: “Bank of America is a fraudulent enterprise. It’s a gang. Let’s be straight about it. It’s a crime gang. Citibank, a crime gang. Wells Fargo, a crime gang. None of these guys are put in jail.”

Well take heart, for now they just may be.  That at least is what emerges in this interview with New York Attorney General Eric Schneiderman on the US MSNBC network:

“New York Attorney General Eric Schneiderman talks with Rachel Maddow about new investigations aimed at holding banks accountable for destroying the American economy.”

Visit msnbc.com for breaking news, world news, and news about the economy

If its runs slowly please visit the MSNBC site to see it

H/T:
Ritholtz

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