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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
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