SOS Corruption, Scandal & Fraud

If you cheat the rich, you will be punished almost immediately, look at Bernard Madoff.

If you cheat the mass, you will no one will be punished, look at MF Global, Bailouts on AIG, GM, others.

If you cheat the entire world like the LIBOR scandal, no one goes to the jail, only pay fine, not by the person responsible, they only punish the company, not the people in the company.

Well, this happen every where.  Some disguise it better than the other.  Some got cheated, and they didn't even know. A simple example, when the Libor is pushed lowered, some mortgage borrower will gain with lower interest, BUT, the lower interest has created easy credit, government over geared, bubble created in houses, currency depreciates.  One may gain USD100, but the entire countries suffer billions. So, the one who cheat gets away, well, Barlays, the company will pay the fine say 500million dollars, but they have cause damages in billions.  Yes, class action will be indicted, companies will be fined, no one goes to jail (at least not many).

Corruption is hard to detect, because the responsible person already know how to go around the rules and regulations.  Although it is not air tight.  Most will get away.  Even the Regulator is corrupted, so, how are you going to catch a thief when the police is part of the script.  Yes, in between, some will get jailed, but not in proportion to the number of corruptions by politicians, who has controls the executors, judicial and other agency.

Until these people change in their HEART, nothing will change.