Why Do Banks Get Away With Murder?

By Patrick   follow   Sun, 10 Feb 2013, 8:49am PST   ↑ Like   ↓ Dislike   560 views   3 comments   Watch (0)   Share   Quote  

http://www.thedailybeast.com/articles/2013/02/07/why-do-banks-get-away-with-murder.html

Were 53 months removed from the Lehman Brothers meltdown. The U.S. bailouts have essentially been wound down at a profit. The Dow Jones Industrial Average is hovering near 14,000, and global bond markets are as calm as the Sargasso Sea. At the World Economic Forum last month, bankers like Jamie Dimon of JPMorgan Chase and Brian Moynihan of Bank of America, strode around proudly, their places and share prices largely restored. To a large degree, we have moved on.

Comments 1-3 of 3     Last »

inflection point   befriend (0)   ignore (0)   Sun, 10 Feb 2013, 11:14pm PST   Like (1)   Dislike     Share   Quote   Comment 1

Its easy Patrick. Banks pay off the politicians. Therefore all is forgiven.

KILLERJANE   befriend (3)   ignore (1)   Mon, 11 Feb 2013, 12:09am PST   Like   Dislike     Share   Quote   Comment 2

When the few get too greedy and the rest get too much less then the empire falls.

JodyChunder   befriend (2)   ignore (5)   Mon, 11 Feb 2013, 1:17am PST   Like   Dislike     Share   Quote   Comment 3

Because America has Stockholm syndrome.

And because of garbage like this:

http://patrick.net/?p=1221672

Watch comments by email

home   top   share   link sharer   users   register   best comments   about   source code  

#housing   #investing   #politics   #economics   #humor  
please recommend patrick.net to your friends