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It also wasn't that long ago when many people were still saying "the banks did nothing wrong, so why would they be punished?" Well, they clearly did do somethi
by mtgx 11y ago
It also wasn't that long ago when many people were still saying "the banks did nothing wrong, so why would they be punished?"
Well, they clearly did do something wrong. Unfortunately, no one pays with jail time for defrauding their way into the financial crisis, and when they do get punished it's usually for a small fraction of the sums they gained, much less than the public is let to believe they are paying thanks to various loopholes. All of this also after being saved by taxpayer money (they only paid some of it back, but there were other programs, some secret, in which they got even more money).