Federal Judge slams the DOJ refusal to jail bankers

The "'too big to jail excuse' is mindboggling in what it says about the department's disregard of fundamental legal principles," said Rakoff

A federal judge with a history of slamming the regulatory system issued scathing remarks against the Department of Justice on Tuesday for allowing Wall Street executives to escape criminal prosecutions.
Speaking at an event hosted by the New York City Bar Association on Tuesday, U.S. District Judge Jed Rakoff of Manhattan said the DoJ's "unconvincing" excuses for not prosecuting individuals were "technically and morally suspect."
"[Not] a single high level executive has been successfully prosecuted in connection with the recent financial crisis, and given the fact that most of the relevant criminal provisions are governed by a five-year statute of limitations, it appears very likely that none will be," Rakoff said
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A Federal Judge made a speech about how terrible it is that no bankers have gone to prison even though people have had Trillions of dollars taken from them.  The little guy gets prosecuted but the Big Fish just buy their way out of trouble.

http://thecontributor.com/economy/mindboggling-federal-judge-slams-doj-refusal-jail-bankers