The Real News Network has the story Bernie Sanders Decries Lack of Wall Street Prosecutions.

Former financial regulator Bill Black says it’s important to reimplement the Glass-Steagall Act – but it’s not enough to prevent another financial crisis.

Bernie Sanders will also provide the missing part when he becomes President.

I am not just blowing smoke when I say that breaking up the big banks is a better solution than just regulating them. Listen to this interview with William K. Black, an expert on prosecuting white-collar criminal fraud at banks.

I received an email from Elizabeth Warren that I think all of you should see.

Robert Reich has an important petition that you should consider signing, Sign Robert Reich’s petition: Support Bernie Sanders’s plan to break up the big banks and rein in Wall Street.

Plans by other candidates to try to regulate specific behaviors by banks are in fact weaker plans than the Sanders call to break up the big banks and reinstate a modern version of the Glass-Steagall Act.

The Sanders plan makes sure that no matter what devious scheme the banks come up with in the future, they will be too small to crash the world economy as they did in 2009.

On the other hand, if you try to foresee what their next scheme will be so that you can prohibit it, they will just come up with a different scheme that is not yet prohibited. As a criminal control method, trying to anticipate the exact nature of future con games is a losing battle.