NY Times Piece on why no bankers went to jail

[Deacon923]

I have not finished reading; thought I would post since it came up in the Elizabeth Warren thread. Look forward to reading. http://www.nytimes.com/2014/05/04/magazine/only-one-top-banker-jail-financial-crisis.html?smid=tw-share&_r=1

 

[bigdoublezero]

Yeah, looking forward to it as well. They had the reporter on Marketplace yesterday, and the tl;dr was that the feds got gunshy after botching Arthur Andersen and we're still dealing with the repercussions from that.

 

[RJKarl]

I haven't read it, but this is a huge negative on Obama.