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Article: REAL REFORM NEEDED ON BIG BANKS.(OPINION)(Letter to the editor)
- Article from:
- The Capital Times
- Article date:
- May 7, 2009
CopyrightCOPYRIGHT 2009 Capital Newspapers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Dear Editor: While I wish our leaders the best in getting our credit industry back on track, I am worried and outraged. On top of despising the billions of dollars worth of bonuses paid out by failed institutions which were bailed out by taxpayer money, I am angry that our justice system has not gone after the fraud of so many undocumented loans being resold with AAA ratings.
I think the individuals responsible should have their personal assets attached. I am angry at the rich owner culture and its army of lobbyists, lawyers and media mouthpieces that have essentially produced an era of no accountability.
We especially need a reversal of the political ...