re: #61 Kragar (Antichrist )
Elizabeth Warren presses financial regulators: Why no trials for Wall Street?
Rich people on trial? What is this? Commie Russia?
///
Simple answer in two parts, Liz:
1. Because your party, like mine, does not bite its paymaster. Wall Street pays the campaign bills that are incurred keeping politicians in power.
But primarily,
2. Because ‘Too Big to Fail’ is also ‘Too Big to Jail.’ You can’t topple the top leadership of that many large banks without one or more of them falling apart, and the fall of such a bank tips the economy back into recession. Most people, angry about the banks though they are, would rather let crooks get away with it than risk losing their jobs in a recession. It’s possible to call that cowardly, but it’s a choice, and it’s the choice the public tends to make.