NOT SEE PROSECUTION OF CORPORATE CRIME
According to Russell Mokhiber, Editor of Corporate Crime Reporter, corporate crime inflicts more damage to our society than all street crime combined.
The FBI, for example, estimates that burglary and robbery -- street crimes -- costs the nation about $3.8 billion annually.
The losses from the frauds of the financial institutions raped over $16 trillion from the taxpayers, yet none of the perpetrators have even been vigorously investigated let alone penalized. Rather, they have been given large bonuses.
Healthcare fraud costs citizens $100 billion to $300 billion annually.
Meanwhile the burglars and robbers get prosecuted in record numbers while the real criminals get bonuses.
In order to change this there needs to be a moral effort from the administration, namely, the office of the Attorney General. Eric Holder has been totally absent in prosecuting, even investigating, corporate criminals. He has been more active in bringing down those who report the crimes of these corporate marauders than he has the criminal. He has made reporting crimes a crime!
If corporations are people, as the SCOTUS has determined, they should be treated as people, and not the "too big to fail" entities. If a corporation commits a crime the CEO should be tried and if found guilty imprisoned. If that person takes credit for the corporation's gains through huge bonuses, he or she should also pay the price if found guilty of a crime.
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