Last month, Iran did something that Obama and his neutered puppy Attorney General Eric Holder should be doing.
They sentenced four bankers to death based on fraud charges. Other bankers involved in the fraud were sentenced to life imprisonment, flogging, cash fines or were banned from holding public office.
Iran's PressTV reports
" Iran Judiciary has handed down death sentence to four people convicted of involvement in the biggest embezzlement case in the country's banking history.
by press TV
"Four people were sentenced to death on charges of corruption on earth and disrupting the country's economic system," Iran's Judiciary spokesman Gholam-Hossein Mohseni-Ejei told reporters on Monday.
"The four are Mahafarid Amir-Khosravi"[the prime suspect], Behdad Behzadi, his legal advisor, Iraj Shoja, his financial solicitor and Saeed Kiani Rezazadeh, head of the Ahvaz branch of Saderat Bank," he said.
"The president of Bank Melli branch in Kish was slapped with life imprisonment and former deputy minister Khodamorad Ahmadi was sentenced to 10 years in prison," Mohseni-Ejei, who is also Iran's attorney general, added."
Imagine the effect of actual executions, life sentences, floggings and serious cash penalties upon the hordes of criminals in the banking and finance industry in the USA.
Instead of wasting time pursuing patriotic whistleblowers, Eric "worthless" Holder should be pursuing real criminals in banks. Too bad Obama instructs him otherwise.
Perhaps some politicians will have the balls to propose legislation that specifies the death penalty for bankers who engage in frauds affecting more than ten people, or two, or 100, but some limit on the number of people's lives hurt or ruined. There's no way such a bill will pass-- there are far too many corporatists-- a huge majority-- in congress. But perhaps such a bill would shame some of them and show the public how worthless they are.
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