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Definitely. Especially organizations deemed "too big to jail" as well as "too big to fail" and with a well-established habit of dodgy practices.
by mercurial 13y ago
Definitely. Especially organizations deemed "too big to jail" as well as "too big to fail" and with a well-established habit of dodgy practices.
- hga 13y agoUnfortunately that also makes them sort of "too small to extort"; there are some very good reasons Dodd-Frank enshrined the "too big to fail" institution concept. I've only read some of the material on that bill in http://www.amazon.com/Extortion-Politicians-Extract-Money-Pockets/dp/0544103343/ http://www.amazon.com/Extortion-Politicians-Extract-Money-Po... but I bet when I get to the details that's part of the reasons. Jailing is only something ambitious DAs and Attorney Generals want to do; milking firms is where the money is for those already politically established.