Sunday, March 31, 2013

Twilight of Justice

Click here to access article by David Malone from his blog Golem XIV (Britain).

The author begins his article with a review of all the Congressional hearings and Justice department statements regarding the "to big to fail banks" and concludes:
I think  we have not yet thought through the immense consequences of the decision that has been made for us, that G-SIFIs [Globally, Systemically Important Financial Institutions] are above the law.  But I think we need to make a start.
And, that is what he proceeds to do. It is mind boggling, but his effort is only a beginning.