Heavy Settle - Admissions of Non-Guilt

  • Aired:  12/04/13
  •  | Views: 19,753

Corporations escape full prosecution for financial fraud by paying back a portion of their ill-gotten gains in legal settlements. (3:29)

[LAUGHTER]HERE IS ANOTHER MARKER THAT

DISTINGUISHES PEOPLE FROMCORPORATIONS.

>> UNDER THE TERMS OF THESETTLEMENT UBS DID NOT ADMIT ANY

WRONGDOING.

>> GOLDMAN ADMITTED NOWRONGDOING IN THE PROCESS.

>> JP MORGAN WILL NOT ADMITWRONGDOING PER SE.

>> Jon: SO IF YOU DIDN'T DOANYTHING WRONG PER SE IS THE $13

BILLION A GIFT?

A DOWN PAYMENT, A TIP, I DIDN'TDO ANYTHING WRONG BUT YOU ARE A

HELL OF A GOVERNMENT THERE HEREIS A LITTLE SOMETHING.

HEY, HEY, NICE FRAUD CASE.

NOW GO HOME AND GET YOUR(bleep).

[ LAUGHTER ]JUST IN CASE YOU THINK IT ONLY

WORKS FOR FINANCIAL CORPORATIONSIT DOESN'T.

>> HEALTH CARE MANUFACTURERJOHNSON & JOHNSON WILL PAY MORE

THAN $2 BILLION TO SETTLE CIVILAND CRIMINAL ALLEGATIONS.

>> Jon: I EXPECT THIS FROM YOUJOHNSON BUT NOT YOU JOHNSON.

[ LAUGHTER ]ACTUALLY TO BE HONEST WITH YOU,

ACI'VE NOT TRUSTED JOHNSON AND,JOHNSON

SINCE I TRIED TO STOP MY CHILD'SCRYING BY POURING A BOTTLE OF

THEIR PATENTED NO MORE TEARSSHAMPOO IN HIS EYE.

DID NOT WORK AT ALL.

THERE WERE STILL TEARS AFTER IPOURED IT IN THERE.

IN FACT, THIS MAY HAVEEXACERBATED THE SITUATION.

[LAUGHTER]WHAT COMPLEX CORPORATE SCHEME

DID THEY PULL THAT ALLOWS THEMTO ESCAPE FULL PROSECUTION?

>> THEY BRIBED DOCTORS ANDPHARMACIES.

THEY GOT THEM TO PRESCRIBE DRUGSPARTICULARLY TO THE

ELDERLY, CHILDRENAND THE DISABLED DESPITE

HEALTH RISKS OR A LACK OFSCIENTIFIC EVIDENCE SHOWING ANY

HEALTH BENEFITS FOR PATIENTS.

>> Jon: HOLY (bleep).

THEY KNOWINGLY BRIBED DOCTORS TOGIVE USELESS DRUGS TO OLD

PEOPLE, THE DISABLED, ANDBABIES.

YOU ARE NOT EVEN ALLOWED TO DOTHAT IN GRAND THEFT AUTO.

[ LAUGHTER ]YOU KNOW, I HAVE A QUESTION.

THE QUESTION IS:>> IS ANYBODY GOING TO JAIL?

>> Jon: THAT WAS THE QUESTION.

WE HAVE MORE PRISONERS THAN ANYOTHER COUNTRY IN THE WORLD.

NOT EVEN PER CAPITA, JUST MORE.

SO WILL ANY OF THE PEOPLE WHOMAKE UP THESE CORPORATIONS BE

JOINING THEM?

>> SOME ECONOMISTS SAY BANKEXECUTIVES SHOULD BE IN

HANDCUFFS.

>> WHY ISN'T SOMEBODY GOING TOJAIL?

>> ALL I CAN SAY IT'S IN THEHANDS OF FEDERAL PROSECUTORS.

>> IS IT POSSIBLE SOMEBODY COULDGO TO JAIL.

>> YES.

>> Jon: IT'S POSSIBLE.

IT'S ALSO POSSIBLE I'LL RESIGNTOMORROW TO PURSUE MY REAL

PASSION RHYTHMIC GYMNASTICS.

AM I GOING TO?

NO.

CORPORATIONS CAN COMMIT FRAUD,MONEY LAUNDERING, BRIBE ENABLED

PLACEBO BABY DRUGGING AND MERELYPAY BACK A PORTION OF THE ILL

GOTTEN GAINS AS THE PRICE OFDOING BUSINESS.

HOW DO PEOPLE FAIR?

>> THREE STUDENTS PUT INHANDCUFFS BECAUSE THEY WOULD NOT

LEAVE THEIR SCHOOL BUS STOP.

>> WE WERE JUST WAITING FOR THEBUS AND THEY START ARRESTING US.

BU>> Jon: YEAH, (bleep) THOSEUS.

KIDS.

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