3. Goldman Sachs and Other Wall Street Firms Largely Escaped Punishment For Their Role in the Economic Crash
In 2012, the Justice Department announced that it would not prosecute Goldman Sachs over the allegations regarding the economic crash. The Obama administration took paddling the bad boys of Wall St. very lightly, even offering them a $1 trillion stimulus package to get the economy back on track. And, seeing as the deadline to file cases has passed, now the big banks are inured to any further investigation, meaning these white collars will never get another legal scare about their role in this.
Page 12 of 14
Discussion about this post