3 ms·
If there was only one person orchestrating and solely benefitting from the subprime crisis it would be easy to put them in jail but there are too many to be put
by tartoran 6y ago
If there was only one person orchestrating and solely benefitting from the subprime crisis it would be easy to put them in jail but there are too many to be put in jail, it’s the equivalent of ‘too big to fail’ but for people, ‘too many to pinpoint blame’ type of thinking. All these people knew it was going nowhere but they kept imflating the bubble because all their peers were doing it also and that despite numerous people raising res flags at the same time.
Maddoff was a dumb thief, and very cunning indeed but he operated in silence. That’s not to say the same thing about the others who ‘gamged up’ knowing that in case of failure many fingers would be pointed out in too many directions.
- blowski 6y agoI’d be ok if even some of the guilty people went to prison. We don’t imprison every single drug user.