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Reply #6: Those who stole from Americans should be charged with white collar [View All]

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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-25-09 04:47 PM
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6. Those who stole from Americans should be charged with white collar
crimes. We are a nation of laws, and under our laws, white collar crimes are not punished by the death penalty. (Thank God.) The Chinese who were executed under the facts in this video had killed 6 people. I oppose the death penalty in general, but I deplore the idea of the death penalty for white collar or economic crimes. I agree that we should punish those who ruined our economy. I am surprised that someone hasn't thought of a way to sue for serious damages against some of the brokers of some of these big firms who advised clients to buy stocks (or who invested in stocks on behalf of their clients) while their firms were in another department of the firm, investing heavily and speculating heavily against the very investments that the broker was advising the client. Surprises me that some of this fraud is not somehow being prosecuted.

We need to open our courts to claims against banks that dissipate the savings of customers as well as against brokerage houses that invest against their clients.
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