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Jon Stewart blasts lack of real punishment for big banks’ wrongful foreclosures

By Eric W. Dolan
Wednesday, May 8, 2013 0:23 EDT
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On his show Tuesday night, The Daily Show host Jon Stewart ripped major banks for wrongfully foreclosing on a stunning number of Americans. He noted that although the banks pulled trillions of dollars out of the economy, they had no fear of law enforcement. Their only punishment was paying a completely arbitrary $9 billion to settle a government lawsuit. Stewart remarked the $9 billion was big enough to sound significant, but small enough “to teach the banks no lesson whatsoever.”

Watch video, via Comedy Central, below:

Eric W. Dolan
Eric W. Dolan
Eric W. Dolan has served as an editor for Raw Story since August 2010, and is based out of Sacramento, California. He grew up in the suburbs of Chicago and received a Bachelor of Science from Bradley University. Eric is also the publisher and editor of PsyPost. You can follow him on Twitter @ewdolan.
 
 
 
 
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