Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts

Thursday, August 21, 2014

A Leaky Ship of State



B of A's agreed to pay a record breaking fine;
Countrywide sold mortgages that crossed a legal line
Knowing that the loans that they were peddling were junk.
16 billion dollars...  That's a pretty hefty chunk.

Do not get your hopes up though - I doubt you'll see a dime.
Nor will Countrywide's executives do any time.
Might be a deterrent but I'd bet it's not the banks
Who'll be paying through the nose next time the market tanks.

Thought they were "too big to fail" before?  They're bigger now.
But, with recent record highs reported at the Dow,
Wall Street isn't in a rush to implement reforms;
Leaving us a leaky Ship of State in future storms.

Wednesday, July 02, 2014

Corporations Aren't People



(Photo/Courtesy of etsy.com)


Companies and banks are finding justice is for sale.
Corporations, unlike people, do not go to jail.
13 died before GM admitted any fault;
Even knowing didn't cause production lines to halt.

If a person ever got convicted of their crime
I will guarantee you that they'd end up doing time.
Banks who circumvent the law to help the bottom line
Know that, if they're caught, the worst they're facing is a fine.

Don't tell me that corporations should have equal rights;
They don't face the penalties we do in legal fights.
All they have to do is pay us off - we let them walk...
Put a CEO in prison first, and then we'll talk.