Saturday, June 23, 2012

It's criminal ...

Taibbi via Montag:

Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won't hear the recent financial corruption case, United States of America v. Carollo, Goldberg and Grimm, called anything like that. If you heard about it at all, you're probably either in the municipal bond business or married to an antitrust lawyer. Even then, all you probably heard was that a threesome of bit players on Wall Street got convicted of obscure antitrust violations in one of the most inscrutable, jargon-packed legal snoozefests since the government's massive case against Microsoft in the Nineties – not exactly the thrilling courtroom drama offered by the famed trials of old-school mobsters like Al Capone or Anthony "Tony Ducks" Corallo.

...

Hopefully, this is the beginning of a trend.

1 comment:

Gordon said...

the beginning of a trend

A few sacrificial lambs thrown to The Great Unwashed so the rest of the crooks can slip by unharmed.