Tuesday, May 14, 2013

Sen. Warren Continues Campaign Against 'Too Big To Jail' Banks | Common Dreams

Sen. Warren Continues Campaign Against 'Too Big To Jail' Banks | Common Dreams
"Following up on a series of questions first posed during a Senate Banking Committee Hearing earlier this year that left her concerned that the nation's largest banks weren't only "too big to fail" but "too big to jail," Senator Elizabeth Warren (D-MA) on Tuesday sent a strongly worded letter to the heads of the SEC, the Justice Dept, and Federal Reserve demanding a better explanation about how these large financial institutions continue to avoid criminal trials or more aggressive prosecution by government regulators."