Not one Wall Street manipulator went to prison;
I'm surprised at your statement. You've always struck me as a knowledgeable, informed individual. I also believe we live in close proximity to one another, but I digress.
Here's a very small partial listing of Wall Street players who went to prison, or performed such egregious acts that laws were made because of them:
1) Bernie Madoff (150 year sentence)
2) Bruno Iksil (
3) Allen Stanford (110 year sentence)
4) Jordon Belfort (served nearly two years in prison)
5) Jeff Skilling (currently serving 14 year sentence)
6) Ivan Boesky (served 22 months of a 3 year sentence)
7) Martha Stewart (insider trading, 5 months in prison)
8) Bernard Ebbers (25 year sentence)
Personally, I like Martha Stewart's sentence for first time domain auction cheats. Insider trading, to me, seems akin to auctioneer employees bidding stealthily against outside, clueless bidders, driving up prices artificially, utilizing inside information to know how high a clueless sheep is willing to bid.
Here's an article about hundreds of Wall Street execs going to jail for the Wall Street banking crisis of the 1980's:
http://billmoyers.com/2013/09/17/hu...son-during-the-last-fraud-fueled-bank-crisis/
That article compares the lack of prosecutions in the most recent Wall Street scandal of a few years ago to the high number of prosecutions in the 1980's.
My point is, throughout Wall Street history, plenty of scoundrels have done time for fraud. It's true, plenty of Wall Street scoundrels who probably should be in jail are walking around free, but so far, I cannot think of even one domain auction cheat who has been sent to jail. Not one.
For you to proffer here that "not one Wall Street manipulator went to prison" is absolutely ridiculous. The FACTS speak otherwise, with all due respect. And I mean that.