Exclusive: Big Banks' Recent Profitability Due to AIG Scam? [View article]
Unfortunately all of this appears to be completely legal, which gives credence to those naysayers who suggest that the laws can never catch up with the markets. I'm afraid the only way we will get any justice here is to go after the individuals involved with an IRS sledgehammer. As many of the Obama nominations suggest, it is quite dificult to make this much money without inadvertantly doing something illegal. Many of us will not see this however, as it is difficult to read the financial pages while selling apples on streetcorners.
Exclusive: Big Banks' Recent Profitability Due to AIG Scam? [View article]