"Nine years ago, the biggest financial catastrophe since the 1930s hit the world, and precisely zero bankers went to jail for it. Many kept their perks and pensions."
Technically off topic, but since a) Andrew brought it up and b) I'm in a somewhat confrontational mood after christmas with the relatives:
Well, why should there?
After all, from their (limited) perspective, they did everything right; in other words, they did exactly what it said in their job descriptions.
Logical conclusion: we're not looking at a financial crisis or a banking crisis or anything like that - we're looking at a systemic crisis. And nobody has a viable plan to get us out of it.
Biting the hand that feeds IT
