Click here to access article by William K. Black from New Economic Perspectives.
One can fantasize all they want about punishing the banksters and others for bringing our economy to the edges of collapse, but that will not change anything. What the author does clarify is that so many people were involved in the mortgage scam: bankers, hedge fund managers, Wall Street, accountants, insurance companies, rating agencies, mortgage companies, on down to real estate agents. That is the only way it could have worked. But the engineers of this scam were at the very top of the class of people who own and control capitalist societies. They offered all kinds of inducements to these other people to engage in sociopathic behavior. There has been class war for the past 10 thousand years, but this was class war on steroids.
But if you still prefer to engage in fantasies, here is another one from the liberal Atlantic magazine where they fantasize about Congress enacting stronger regulatory laws.
So rather than passively engaging in soul satisfying fantasies, we of the 99% must organize and do away with any kind of class rule by designing a class free society, a bottom-up form of genuine, participatory democracy. It's hard and potentially dangerous work, but it must be done.