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Why Do Banks Get Away With Murder?

By Patrick   2013 Feb 10, 8:49am   780 views   3 comments   watch (0)   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.

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1   inflection point     2013 Feb 10, 11:14pm  ↑ like (1)   ↓ dislike   quote    

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

2   KILLERJANE     2013 Feb 11, 12:09am  ↑ like   ↓ dislike   quote    

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

3   JodyChunder     2013 Feb 11, 1:17am  ↑ like   ↓ dislike   quote    

Because America has Stockholm syndrome.

And because of garbage like this:

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

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