Issue Position: Economic Crime

Press Release

Wall Street investment firms made billions of dollars off of the subprime mortgage market, only to receive a bailout from the government while millions of Americans suffered through the Great Recession. Those who made the decisions that led to the crisis not only got off scot-free, but also became rich off of the spoils. The criminal justice system looked the other way because there was no mechanism to prosecute decision-makers.

Instead, financial crimes should be treated the same way as any other crime. Those perpetrating it should go to jail, and their punishment should reflect the amount of damage they've done to the economy and individuals they've defrauded.

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