Why Do Banks Get Away With Murder?


By Patrick   Follow   Sun, 10 Feb 2013, 4:49pm   317 views   3 comments
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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.

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  1. inflection point


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    1   7:14am Mon 11 Feb 2013   Share   Quote   Permalink   Like (1)   Dislike  

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

  2. KILLERJANE


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    2   8:09am Mon 11 Feb 2013   Share   Quote   Permalink   Like   Dislike  

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

  3. JodyChunder


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    3   9:17am Mon 11 Feb 2013   Share   Quote   Permalink   Like   Dislike  

    Because America has Stockholm syndrome.

    And because of garbage like this:

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

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