Gangster Banks Keep Winning Public Business. Why?
By Matt Taibbi
March 22, 9:40 AM ET
A friend of mine sent this article from Bloomberg, along with the simple comment: “Perfect.” What’s perfect? That the banks that have been caught repeatedly ripping off communities and munipalities — banks that have paid hefty settlements for rigging bids, bribery and other sordid misdeeds — keep winning the most public business. Apparently, our public officials aren’t concerned about whom they hire to serve as the people’s investment bankers.
The elites always win. Our corruption is complete. If the SEC and the CFTC are not aiding and abetting the criminal elite, they are busy watching porn.