18-12-2013, 10:05 AM
Peter Lemkin Wrote:Judge Blasts Feds for Failure to Go After Wall Street Fraudsters
[TABLE="align: right"]Posted on Dec 17, 2013
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Too big to jail, indeed.
U.S. District Court Judge Jed S. Rakoff has written a scathing indictment of the federal government's approach to prosecuting Wall Street finance and banking executives, concluding that timidity, lack of resources, and a desire by individual prosecutors to pluck the low hanging fruit of fraud cases has left the country's top financial wheeler-dealers unscathed by the likely crimes that seized up the world economy.
Particularly galling, Rakoff writes in The New York Review of Books, is the sense among Justice Department officials that some financial institutions are too big to be disciplined. "This excusesometimes labeled the too big to jail' excuseis disturbing, frankly, in what it says about the department's apparent disregard for equality under the law," wrote Rakoff, who previously rankled Justice officials and corporate executives by refusing to approve civil settlements over corporate wrongdoing that did not include an admission of guilt.
For me, most of those reasons given by the judge for not prosecuting financial bigwigs are nonsense. The real and only reason is their power.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14