tag:blogger.com,1999:blog-1194375569044391746.post2730228228331937436..comments2024-03-29T02:00:55.623-04:00Comments on Corporate Justice Blog: Guilty! Bond Traders PleaSteven Ramirezhttp://www.blogger.com/profile/16741346526253732489noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1194375569044391746.post-31250292967634477232012-04-19T01:01:09.623-04:002012-04-19T01:01:09.623-04:00"The guilty pleas mark the first successful c..."The guilty pleas mark the first successful criminal case against Wall Street in relation to the financial meltdown." This is depressing considering it took four years to get one guilty plea. So, at this rate it should only take another 150 years before we successfully prosecute those responsible for the financial meltdown. <br /><br />We are supposed to have laws in place that curtail this type of activity. However, I guess this just goes to show that these guys have found loop holes in the systems that allow them to profit millions. The unfortunate thing about this story is how long it took for prosecutors to develop the case. As the article indicates "federal prosecutors have been preparing charges against these traders for several years." It should not take several years to prosecute investors when they get out of control. Instead, we need laws that let investors know right away that they are not above the law.Josh Millernoreply@blogger.comtag:blogger.com,1999:blog-1194375569044391746.post-4208899186314965872012-02-13T12:41:29.039-05:002012-02-13T12:41:29.039-05:00It's cases like this that make me proud to be ...It's cases like this that make me proud to be in law school. So many friends make "lawyer jokes" and think that attorneys don't do any good in the world. But here, in the business setting, attorneys are holding criminals accountable for their actions. I applaud the federal prosecutors whose hard work was the catalyst for these guilty pleas.Jonathan Gevasnoreply@blogger.comtag:blogger.com,1999:blog-1194375569044391746.post-36245049677272424642012-02-08T17:23:13.888-05:002012-02-08T17:23:13.888-05:00It's hard to believe that so few from the fina...It's hard to believe that so few from the financial world have been held accountable.Cheryl L. Wadehttps://www.blogger.com/profile/08182167772552050045noreply@blogger.com