A discussion on truth, beauty, the American way, humor, intelligence, love, stupidity and where we are today
Sunday, November 4, 2012
American financial scandals, then and now
"When Americans saw the scope of the savings an loan scandal in the 1980s, which today just seems like a bad day on the unregulated derivatives market, Ronald Reagan's Attorney General, Edwin Meese III, put nearly a thousand bankers behind bars. In contrast, Eric H. Holder, Jr., can't seem to smell the stench of a fraud that cost millions of people their jobs or homes."
--Drew Weston in The New York Times today, in his article "America's Leftward Tilt?"
We need to push for banking reform, support of regulations and breaking up the "too big to fail."
Link: http://campaignstops.blogs.nytimes.com/2012/11/03/americas-leftward-tilt/?nl=todaysheadlines&emc=edit_th_20121104
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