Financial Crime Quotes
Samuel Langhorne Clemens, 1835-1910. He was instrumental in being one of the major writers who made the American public aware of the fact that the very wealthy sometimes systematically committed crimes involving money and in much larger crimes than the poor criminals.
While not every person in the stock market was dishonest, a large number were, and the system itself was inherently unfair and disadvantaged the average investor. Despite the many reforms attempted over the years, as the 2008 meltdown proved, the same problem was still with us. Capone was essentially right then and even today.
Roosevelt was on a crusade to eliminate the vicious monopolies and trusts of the time. The number of terms he used to describe them was large but this has become the most memorable and most frequently quoted. See {585244} for some of the other terms he used. While this phrase was original with FDR, his relative, Theodore Roosevelt, used the term “malefactors” in a similar meaning in {585244}.
In the economic meltdown of 2008 and the aftermath, there were so many criminal violations of law in the financial industry that even the Democratic administration of Barack Obama chose not to jail the violators but to levy some large token fines albeit ones which were very affordable for the institutions who had to pay them—in many cases paying them with money made as a result of profits on no-interest money they received in bailouts after the 2008 Meltdown.
Arguing against the practice of the government utilizing Social Security trust funds for general purposes:
