Why Corrupt Bankers Avoid Jail

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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”

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StevieRay Hansen
Editor,Bankster.com

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

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