3 ms·
“Too big to fail” really need ma to be abolished. Wealthy insiders can hide behind large corporations and always issue the thread that jobs will be lost if some
by spaetzleesser 5y ago
“Too big to fail” really need ma to be abolished. Wealthy insiders can hide behind large corporations and always issue the thread that jobs will be lost if somebody goes after them.
The bailouts of 2008 did enormous damage to people’s trust in justice, so do the constantly too low fines for corporate wrongdoing. The Sackler settlement is just another step in the erosion of trust.
No wonder people are clamoring for populist strongmen who will “drain the swamp”.