Friday, November 08, 2013

Mike Luckovich on financial deregulation

I happened to be reminded of this excellent cartoon from 2010, and I couldn't resist sharing it again.  It captures only one small fragment of a larger story, however.  The real problem is not that these guys made out like bandits and (on the whole) got away scot-free, but that they helped to bring about a major economic crash from which we're still recovering, and from which many people are still suffering.  Are they repentant?  Hardly.  For more on that larger story, see here & here & here & here.

—Jeff Weintraub

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