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It's almost always the little guys who take the fall. The banking crisis resulted in very few criminal charges...a lot of lower level employees lost their jobs
by SwellJoe 10y ago
It's almost always the little guys who take the fall. The banking crisis resulted in very few criminal charges...a lot of lower level employees lost their jobs and otherwise faced consequences, while the executives continued on as though nothing happened (they maybe took somewhat smaller bonuses that year, and acted chastened by the whole sordid affair, of course).
I suspect it'll be the same, though at least the CEO resigned over this. I'm sure Winterkorn remains a multimillionaire, and will continue to enjoy his freedom and lack of criminal record.