David Sirota: Too Big to Punish

[woo me with science]

1. Too big to punish: The administration is now waiving sanctions against Credit Suisse.

What the administration did not mention, of course, is that according to data compiled by the Sunlight Foundation, employees of Credit Suisse have given President Obama’s campaigns more than $376,000. That’s particularly relevant in light of an April study of SEC data from London Business School professor Maria M. Correia. That analysis showed that “politically connected firms are on average less likely to be involved in … enforcement action and face lower penalties if they are prosecuted.”

Missed this before. Thank you for posting it.