“The Financial Industry Has Become So Politically Powerful That It Is Able To Inhibit the Normal Process of Justice And Law Enforcement”
March 1, 2011
In his acceptance speech for winner for best documentary at the Oscars, director Charles Ferguson said:
Three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that’s wrong.
But none of the mainstream, corporate networks covered it. Not CBS, ABC, NBC or MSNBC.
Ferguson told Reuters:
“The biggest surprise to me personally and biggest disappointment was that nobody in the Obama administration would speak with me even off the record — including people that I’ve known for many, many years,” Ferguson said backstage.
He believes Americans, who lost homes and jobs in the millions because of shady mortgage lending and bank collapses, are disappointed that “nothing has been done.”
“Unfortunately, I think that the reason is predominantly that the financial industry has become so politically powerful that it is able to inhibit the normal process of justice and law enforcement,” said Ferguson.
For background on the subversion of justice to the powers that be, see this.