“..Even Nouriel Roubini Says We Need to Jail or Hang Some Bankers.
Nobel prize winning economist Joe Stiglitz – and many other experts – have said nothing will change unless dishonest bankers are jailed.
Former trader Max Keiser has been calling for years for crooked bankers to be hanged – to send a message that crime won’t be tolerated.
But Nouriel Roubini is a lot more mainstream than Keiser – or even Stiglitz – being very close to Treasury Secretary Tim Geithner.
Roubini told Bloomberg that nothing has changed since the start of the financial crisis – and we might need to throw bankers in jail – or hang them in the streets – before they’ll change:
Nobody has gone to jail since the financial crisis.
The banks, they do things that are illegal and at best they slap on them a fine.
‘If some people end up in jail, maybe that will teach a lesson to somebody. Or somebody hanging in the streets.’..”
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