Sen. Elizabeth Warren has announced new legislation that would make it easier to put executives behind bars for their company’s bad actions.
According to a summary of the bill, executives could face up to a year behind bars for the first offense and up to three years in jail for a second violation.The bill’s summary said two CEOs of Wells Fargo “walked away to plush retirements after the bank opened 3.5 million fake accounts, wrongly foreclosed on hundreds of homeowners, and illegally repossessed thousands of cars. The CEO of Equifax also retired after allowing criminals to steal the Social Security numbers of 145 million Americans.
It’s been 10 years since the financial crash cost millions of people their homes, jobs, and savings. But not one big bank CEO has gone to jail. It’s time to reform our laws to make sure that corporate executives face jail time for overseeing massive scams. https://t.co/r1KzgaX0Sr
YahooFinance
YahooFinance How about the politicians that has a history of unacceptable sexual orientations and histories. You know misappropriate actions
YahooFinance She needs to pass a bill that jails Governors, Politicians,Judges, Lawmakers who hoard inmates for funding, and not let ANY person into office or be a judge who has 1 or more DUI's..
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