« previous   misc   next »

Why Do Banks Get Away With Murder?


By Patrick   Follow   Sun, 10 Feb 2013, 8:49am PST   427 views   3 comments
Watch (0)   Share   Quote   Permalink   Like   Dislike  

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   Sun, 10 Feb 2013, 11:14pm PST   Share   Quote   Permalink   Like (1)   Dislike     Comment 1

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

KILLERJANE   Mon, 11 Feb 2013, 12:09am PST   Share   Quote   Permalink   Like   Dislike     Comment 2

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

JodyChunder   Mon, 11 Feb 2013, 1:17am PST   Share   Quote   Permalink   Like   Dislike     Comment 3

Because America has Stockholm syndrome.

And because of garbage like this:

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

Patrick is moderator of this thread.

Email (Required, will not be visible)

Username (Just pick a name if you're new)

Watch comments by email

home   top   share   link sharer   users   register   best of   about   questions or suggestions? write p@patrick.net