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The Financial Crisis: Why Have No High-Level Executives Been Prosecuted?
about 11 years ago
Jed S. Rakoff Five years have passed since the onset of what is sometimes called the Great Recession. While the economy has slowly improved, there are still millions of Americans leading lives of quiet desperation: without jobs, without resources, without hope. Who was to blame? Was it simply a result of negligence, of the kind of inordinate risk-taking commonly called a “bubble,” of an imprudent but innocent failure to maintain adequate ...
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Jed Rakoff
via The New York Review of Books
Fired
about 11 years ago
IT IS a blow for advocates of gun restrictions and, perhaps, democracy across the country. Yesterday John Morse, president of the Colorado state Senate, and Angela Giron, another state senator, were recalled from office for backing a package of gun-control measures in February. The pair, both Democrats, are the first state legislators to lose their jobs in this way in Colorado's history. Across the country only 18 state legislators have ever been recalled. (The tool is ...
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via Democracy in America
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