Why Corrupt Bankers Avoid Jail

Featured Story

The phrase “reprobate mind” is found in Romans 1:28 in reference to those whom God has rejected as godless and wicked. They “suppress the truth by their wickedness,” and it is upon these people that the wrath of God rests (Romans 1:18). The Greek word translated “reprobate” in the New Testament is adokimos, which means literally “unapproved, that is, rejected; by implication, worthless (literally or morally).”

Paul describes two men named Jannes and Jambres as those who “resist the truth: men of corrupt minds, reprobate concerning the faith” (2 Timothy 3:8). Here the reprobation is regarding the resistance to the truth because of corrupt minds. In Titus, Paul also refers to those whose works are reprobate: “They profess that they know God; but in works they deny him, being abominable, and disobedient, and unto every good work reprobate” (Titus 1:16). Therefore, the reprobate mind is one that is corrupt and worthless.

In the summer of 2012, a subcommittee of the U.S. Senate released a report. [After] looking into the London-based banking group HSBC, [investigators] discovered that … the bank had laundered billions of dollars for Mexican drug cartels, and violated sanctions. No criminal charges were filed, and no executives or employees were prosecuted. Instead, HSBC pledged to clean up its institutional culture, and to pay a fine of nearly two billion dollars: the equivalent of four weeks’ profit for the bank. In the years since the mortgage crisis of 2008 … corporate executives have essentially been granted immunity. As recently as 2006, when Enron imploded, such titans as Jeffrey Skilling and Kenneth Lay were convicted of conspiracy and fraud. Something has changed in the past decade, however, and federal prosecutions of white-collar crime are now at a twenty-year low.As Jesse Eisinger, a reporter for ProPublica, explains in a new book … a financial crisis has traditionally been followed by a legal crackdown, because a market contraction reveals all the wishful accounting and outright fraud that were hidden when the going was good. After the mortgage crisis, people in Washington and on Wall Street expected prosecutions. Eisinger reels off a list of potential candidates for criminal charges: Countrywide, Washington Mutual, Lehman Brothers, Citigroup, A.I.G., Bank of America, Merrill Lynch, Morgan Stanley. Although fines were paid … there were no indictments, no trials, no jail time.

Can a Christian have a reprobate mind? Someone who has sincerely accepted Jesus Christ by faith will not have this mindset because the old person with a reprobate mind has been recreated into a new creation: “The old has passed away; behold, the new has come” (2 Corinthians 5:17). Christians are basically “new” people. We live differently and speak differently. Our world is centered on our Lord and Savior, Jesus Christ, and how we can serve Him. Also, if we are truly in the faith, we will have the Holy Spirit to help us live a God-honoring life (John 14:26). Those with reprobate minds do not have the Spirit and live only for themselves. “BANKS AND BANKERS”

Contributors
Contributor

StevieRay Hansen
Editor,Bankster.com

MY MISSION IS NOT TO CONVINCE YOU, ONLY TO INFORM…

It is impossible to find anyone in the Bible who was a power for God who did not have enemies and was not hated.

Preach the gospel with BOLDNESS AND STRENGTH! It’s better to follow God and be judged by the world, than to follow the world and be judged by God!
Jack H. Kirkland

Jesus come quick, there is nothing left in society that’s sacred….

Don't Miss

Meet the Banking Cartel that Is Planting the Seeds for the Next Banking Panic and Bailout

By StevieRay Hansen

BanksterCrime: By Pam Martens and Russ Martens: September 21, 2023 ~ On July 27, the Federal Reserve, FDIC and Office of the Comptroller of the Currency…

Read More

Professors Point to JPMorgan Chase as Poster Boy of a Financial System Dependent on Corruption to Sustain Itself

By StevieRay Hansen

By Pam Martens and Russ Martens: The full day conference sponsored by nonprofit watchdog Better Markets last Wednesday was a unique opportunity to gain brilliant insights…

Read More

Bad Bank Chase Court Filing: JPMorgan Chase “Actively Participated in Epstein’s Sex-Trafficking Venture”–Bud Light Chase

By StevieRay Hansen

The Attorney General of the U.S. Virgin Islands, armed with highly effective legal talent from the law firm, MotleyRice – which stakes its reputation on…

Read More

Another FDIC-Insured Bank Is Teetering, Closing at 27-1/2 Cents Yesterday, Down 96 Percent in a Year

By StevieRay Hansen

BanksterCrime: By Pam Martens and Russ Martens: September 14, 2023 ~ There may be a lesson here: don’t put the word “Republic” in the name of your…

Read More

SEC Chief Unleashes Fury On Crypto Industry, Says It’s ‘Rife With Fraud’–US Gov. Won’t Let Crypto Success Play Out

By StevieRay Hansen

BanksterCrime: Gary Gensler, the chairman of the US Securities and Exchange Commission, continues to express deep concerns about the cryptocurrency sector and its lack of…

Read More

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.

Leave a Comment