Blogs » A Constitutionalist & Believer in Natural Law » RICO ACT Should Apply to Wall Street


I contend all taxpayers should demand that RICO ACT be applied to Wall Street?
The federal government needs to bring charges under the RICO ACT to all CEO’s and CFO’s, mortgage loan officers, and others that have brought this economic crisis to the United States. We did this in 1889 with Michael Milken. We should also, bring the charges to the corporations themselves, as was the case in 1988 with Drexel Burnham Lambert.
And I contend we should start with Lehman Brothers CEO Richard Fuld Jr., for allowing the company to steer millions to departing executives while pleading for a federal rescue. Also, all these executives should have RICO charges brought against them.