Re: Oscars and Wall Street

I get what you are both saying, but with the popular sentiment so strong, I
just don't understand.  If it was such a slam dunk, they would be happy to
go for it.

-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf
Of nicholas a. evans
Sent: Monday, February 28, 2011 3:20 PM
To: DADL (off topic)
Cc: Karl D Swenson
Subject: Re: [DADL-OT] Oscars and Wall Street

On Mon, Feb 28, 2011 at 2:58 PM, Karl D Swenson <[email protected]>
wrote:
> Isn't the second point more a testament to the fact that much of what 
> they did, while unethical, was actually legal?

To answer the exact wording of your complaint: Yes, much of what they did
was unethical but legal.

However (as Lance has asserted and provided myriad links to support), a
significant portion was neither ethical nor legal.  If we had prosecutors
who were doing their jobs, multiple executives from most (if not all) of the
major financial institutions would be in jail by now.

--
Nick


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