Couldn’t agree more with Katrina Vanden Heuvel: “Time for ‘Banksters’ to be prosecuted”:
We are five years since Wall Street’s excesses blew up the global economy, and the scandals just keep coming. Each scandal reinforces the need for tough regulation and tough enforcement. Each scandal proves over again the importance of breaking up the big banks. Each scandal raises the question of personal responsibility. How come borrowers are prosecuted for defrauding their banks, but bankers seem never to be prosecuted for defrauding their customers?