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“Seven years after the bankruptcy of Lehman Brothers, the fact that no major Wall Street figure was ever prosecuted for crimes related to the financial crisis remains a sticking point for many.”

We manage to stick them occasionally for insider trading.

FORMER GOLDMAN SACHS DIRECTOR [RAJAT GUPTA] COMPLETES PRISON SENTENCE

….

But the big boys at Goldman seem to have some sort of immunity.

…. ROBERT RUBIN WAS TARGETED FOR DOJ INVESTIGATION BY FINANCIAL CRISIS COMMISSION

Rajat Gupta’s Goldman Sachs crony was targeted… But nothing happened. Strangely, it didn’t go anywhere.

And you wonder why ol’ Bern is doing so well.

Margaret Soltan, March 14, 2016 3:01PM
Posted in: beware the b-school boys

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4 Responses to ““Seven years after the bankruptcy of Lehman Brothers, the fact that no major Wall Street figure was ever prosecuted for crimes related to the financial crisis remains a sticking point for many.””

  1. Robert Mathiesen Says:
    March 14th, 2016 at 3:24PM

    You probably saw this already:

    http://trofire.com/2015/04/03/wall-street-sociopath-jamie-dimon-laughs-at-elizabeth-warren-hes-above-the-law/

  2. Margaret Soltan Says:
    March 14th, 2016 at 3:37PM

    Robert: Nope. Hadn’t seen it. Thanks for the link.

  3. Jack/OH Says:
    March 16th, 2016 at 6:47PM

    Ohio Gov. Kasich used to be a genuine Mom-and-apple-pie guy before he was governor. Heartland values, all that. Then he worked for Lehman Brothers. Afterward, I think, he came to believe the purpose of government is to stitch up economic and social relations for the benefit of bond and equity holders. His anti-union measure early in his administration was such a masterpiece of brazen special pleading even Republicans joined in to successfully repeal it by statewide initiative.

  4. AYY Says:
    March 17th, 2016 at 12:07PM

    Things would be different if Bush hadn’t been elected for 4 terms

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