Barney Frank: People Running Banks Should Be Prosecuted, Not Banks Themselves

MEYERS: "Have you been disappointed that there haven't been more prosecutions and convictions of those that were in banking at the time?"
FRANK: "Yes. and I'm particularly puzzled. There's an article today in the paper saying, well, the thing about prosecuting the banks -- and I understand, there is a problem if you prosecute the bank. The bank goes under and a lot of people get hurt. I don't understand why they haven't the prosecuted individuals. I mean, a bank can't do anything. Individuals in the bank do the things. I know the Supreme Court decided that corporations were people, which was bizarre enough, I thought."