Shame on Eric Holder, Wall Street's Attorney General

[Babel_17]

13. Convictions don't matter: What is important

is that the individuals responsible, and the industry itself, learned their lesson. The American people see that and have the consolation that though both their personal finances, and that of the nation, took a devastating hit, the rule of law persevered. After nearly a decade of state and federal cooperation, and the appointment of several special prosecutors, and the Justice Department heading task forces assigned to the matter, we are now able to say we got to the bottom of matter.

Once the immunity deals were cut with the underlings everything came into sharp focus. It's amazing how out in the open everything was done. Truly a target rich environment for the squadrons of investigators tasked with getting to the bottom of things and identifying the culprits.

It was a lot of work, and expensive, but now of course the money is flowing in the other direction as the historic fines and restitution to investors and pension funds kicks in. We can now watch with some sense of satisfaction and pride as laws are passed undoing the senseless deregulation of the past.

They truly are a testament to our nation's best minds who labored to craft these comprehensive bills. And kudos to congress as these bills sail through the respective legislative bodies.

The crash was so very costly, and on a very human level, and that deepens all our satisfaction as we look to our future, and the future of the children, and know that we did our part in ensuring it doesn't happen again.

Now we can concentrate on doing something for all the victims of pension funds that couldn't make it over the hump and had to cannibalize themselves during the downturn. With the economy on safe footing we can try to undo the great harm to those starting out their careers, and those too close to the end of theirs.



Edit: Since I'm not sure I'll ask; would this post be better with the sarcasm tag?

Edit 2: Got feedback, adding the sarcasm tag, leaving the first edit so as to keep the context for the reply.