For the country’s biggest financial institutions, it’s still worth it to break the law, because the government has no way to make the banks pay for acting illegally

The Atlantic-

Move along, nothing to see here.

That’s been the Wall Street line on the financial crisis and the calamitous behavior that caused it, and that strategy has been spectacularly successful. Since Spring 2010, financial institutions’ predatory practices have fallen off the front pages of newspapers, replaced by manufactured fears of over-regulation and — thanks to an assist from the European continent — an Orwellian belief that government debt lies at the root of our economic problems.

[THE ATLANTIC]

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