Reply #8: Greece is in trouble because they have a culture of not paying taxes. [View All]

How you support a government and services with that attitude is beyond me.

And my point about the bankers is we seem to have not put in proper laws to prevent what they were doing that would pertain to the heads of the firms. If there aren't the laws then how can you prosecute? We have a high burden for criminal activity, mostly rising to conscious, premeditated fraud that is provable.

It just seems futile to think we are going to jail them if we have nothing to charge them with.

I read the articles from W. Black on how they prosecuted the S&Ls but he didn't explain how it directly pertained to any exec, say Blankfein. Do we prosecute based on outcomes then where anyone in charge gets thrown in jail if the thing goes awry? Sounds more like Chinese justice.