On today’s Your Call, we’ll have a conversation about the banking crisis of 2008. Not one executive has been charged or imprisoned. In the late 1980s, during the Savings and Loan crisis, over 1,000 cases resulted in more than 800 jailed bank officials. What’s different about this crisis? Join us at 10am PST or leave a comment here. Who do you think should be held responsible for the financial crisis? Should they face criminal charges? It’s Your Call, with Rose Aguilar
Guests:
Mark Calabria, director of financial regulation studies at the Cato Institute
William Black, an Associate Professor of Economics and Law at the University of Missouri – Kansas City and a former bank regulator
Web Resources:
New Economic Perspective: Fiat Justitia? Breuer fires blanks on elite financial frauds
Newshour: Wall Street and the financial crisis
Huffington Post: Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges, Source Says
Huffington Post: Why the Bankers Aren't In Jail