Sunday, February 27, 2011

Why Isn't Wall Street in Jail? By Matt Taibbi

http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216?page=1

"...a veritable mountain of evidence indicates that when it comes to Wall Street, the justice system not only sucks at punishing financial criminals, it has actually evolved into a highly effective mechanism for protecting financial criminals. This institutional reality has absolutely nothing to do with politics or ideology — it takes place no matter who's in office or which party's in power."

" the very definition of property —  after all, depends in part on a legal system that defends everyone's claims of ownership equally. When that definition becomes tenuous or conditional — when the state simply gives up on the notion of justice — this whole American Dream thing recedes even further from reality."

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