Why Isn't Wall Street in Jail?

Corporate crime committed by Wall Street.

Yes, Hollywood made a film about it. But that's entertainment, right?

In this story, Rolling Stone magazine writer Matt Taibbi asks the question, Why Isn't Wall Street in Jail?"

His answer came in part from this interaction he had with a Senate investigator:

"Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer.

"Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that."

I put down my notebook. "Just that?"

"That's right," he said, signaling to the waitress for the check. "Everything's fucked up, and nobody goes to jail. You can end the piece right there."

Of course, the writer did not end it there. But that about says it all.

Congress does not care about corporate crime. Because they either commit it themselves, personally know the guys who do, or accept money from the guys that do to fund their campaigns.

And the mainstream news media do not cover it because they are owned by the same guys, too. Beautiful system, ain't it?

http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216