Posted 1 year ago on Oct. 9, 2011, 7:59 p.m. EST by randallburns
from Washougal, WA
This content is user submitted and not an official statement
In the late 90's, I worked on a kind of mini-enron investigation. I am a database administrator and software engineer and I was hired to work with a team of Price Waterhouse Coopers auditors. Our investigation resulted in the successful conviction of a corporate CEO-Bill Griffen. He pleaded guilty to illegal campaign donations as a result of our investigation.
What this experience taught me: in the present legal system it is all but impossible to convict a very wealthy person of a crime. Our efforts had to be pretty extreme. They were motivated in part because had the law been actually enforced, several state legislators probably should have been punished also. What Griffen was doing was essentially paying lawmakers to write laws that would specifically benefit his company.
I personally think that we have a serious problem in the US with overly concentrated wealth. We also have an upper class that really are prone to fraud, criminality and enriching themselves via manipulating the political system.
I don't think we can expect the judicial system to work by itself. Just raising the demand that the current laws be enforced on Wall Street is a big step foward. We will need new laws though. I also think it is likely the real problems will simply not be raised by the corporate media-which in the final analysis depend on advertising revenue to survive.