Financial crooks brought down the world’
s economy — but the feds are doing more to protect them than to prosecute them.
By Matt Taibbi
Nobody goes to jail.
This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world’s wealth — and nobody went to jail.
Nobody, th at is, except Bernie M
adoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people.
We must force lawmakers to do the right thing and prosecute those who’ve devastated not only the people of the U.S. but of the world.