12/05/14 - 9:12am
William Dudley, President of the Federal Reserve Bank of New York, spoke before the United States Senate on November 21, 2014. He expressed joy about a couple of banks that “pleaded guilty to criminal charges.” Senator Jeff Merkley (D-OR) asked how many people (of the 100s behind the corporation’s criminal activity) went to jail?
Dudley said he knew of none. After all, corporations cannot be placed in jail.