Respectfully submitted by Lawrence E. Rafferty (rafflaw) Weekend Contributor
I have written in the past about our large financial institutions and their uncanny ability to break the law and escape any criminal penalties at the corporate or personal level. If the Department of Justice had actually indicted a Bank of America official and procured a criminal conviction, that Bank of America official could have assisted the corporate office in their no-bid contract to handle all of the federal prison systems inmate financial services and email services.
“A few blocks north, however, at the New York Metropolitan Correctional Center, there exists a market that Bank of America has locked down, literally. For the 790 federal prisoners incarcerated at MCC, Bank of America controls the provision of money transfers, e-messaging and some telephone services.
The bank’s monopoly extends across the federal Bureau of Prisons system—121 institutions housing 214,365 inmates. Since 2000, Bank of America has collected at least $76.3 million for its work on the program.” Readersupportednews That would be $76.3 Million dollars in the Bank of America coffers without any need or worry about having to compete for this latest sweetheart deal. Continue reading “Banks Have the Federal Prison System Handcuffed” →
While President Barack Obama continues to assure the public that he is protecting privacy and the press, his Administration continues to do precisely the opposite in court with comprehensive attacks on civil liberties. A good example is the continued abuse of two-time Pulitzer prize winner and New York Times investigative reporter and author James Risen. Risen continues to be threatened by the Justice Department with arrest because he is protecting the identity of his sources. Risen spoke this weekend and observed simply that “Obama hates the press.”
