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RealEconTV

Business news without the bullshit

1,000 bankers in jail - in the 1980s

Why not now?

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Official policy: "Leave the crooks in control"

Do we really need criminals to keep our banking system afloat?

Apparently, according the the Bush-Bama administration will not prosecute these people.

Here is the report referred to in the interview.

* A MUST READ FREE PDF** "Looting: The Economic Underworld of Bankruptcy for Profit" by George A. Akerlof, Paul M. Romer
Copy and paste the link below to download the PDF: http://www.signallake.com/innovation/Looting1993.pdf