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LOCAL Commentary :: Economy

FBI might mean: Finished, Busted & Internment For Corporate Crooks

Are convictions, fines and imprisonment enough punishment for corporate executives proven guilty of crimes that damaged the U.S. economy?
FBI Agents are deeply investigating several corporations for activities that might have fueled the current financial crisis.

Convicting corporate-crooks won’t solve the financial crisis, but seeing convictions where due—might comfort Americans who believe corporate crime or negligence has costs them their jobs; diminished their retirement investments; and/or caused their home to collapse in value with mortgages—that now exceed the amount they can sell the house for.

But are convictions, fines and imprisonment enough punishment for corporate executives proven guilty of crimes that damaged the U.S. economy? See USA Patriot Act, “Financial Crimes”—that threaten National Security: the U.S. Justice Department can forfeit any asset intended or used to injure the U.S. National Economy. That includes financial corporations. And Under 18USC: “Ill-gotten gains” derived by any “person” participating in a RICO “Criminal Racketeering Enterprises” can—be forfeited by the U.S. Government.

It appears there is no limit how far the FBI’s investigation of corporations my go. It is unknown whether any corporate executive will be arrested or if the FBI might need buses.
 
 
 

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