Tuesday, February 22, 2011

WHY ISN'T WALL STREET IN JAIL?



Everyone should read this Rolling Stone article on the corruption and stupidity that dominate the halls of Washington and the financial institutions on Wall Street. Written by Matt Taibbi, we are asked the very simple question: "Why Isn't Wall Street in Jail?". Here's the introduction ...

Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer.

"Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that."

I put down my notebook. "Just that?"

"That's right," he said, signaling to the waitress for the check. "Everything's fucked up, and nobody goes to jail. You can end the piece right there."

It only gets better as you read through it. Enjoy ...

- Mark

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