The title of this book really ought to be “Too Big to Jail”.
The story of bankers who pyramided increasing risk into a failed business model which was developing so fast it evaded government review and regulation, and then almost sank the world economy, while bankrupting millions of good people and unalterably changing the lives of millions more.
Martha Stewart went to jail for a process crime related to alleged insider trading, but not one of these S.O.B.s went to jail or was even indicted.
A long but good read.
No comments:
Post a Comment