He also didn’t address the lack of prosecutions. Nothing incentivizes crime like letting the crooks keep the loot.
Good post, but not skeptical enough. The key frame is that it is the policy of the administration and has been since the TARP whip to protect the banking system as it exists, which includes protecting the executive compensation structure and the existing people in charge. It’s policy. Let me repeat. It’s policy.
That’s very important in terms of understanding exactly what resources Schneiderman will get and what he can do.