Sen. Elizabeth Warren turns the table on the bank “regulators.” They pose as serving the public good by avoiding having to take the banks to court and arriving at out-of-court settlements. Sen. Warren suggests that they are serving the banks’ interests by keeping them out of court, where damaging testimony might emerge.
She suggests that District Attornies bring ordinary citizens to court to “teach them a lesson,” but too-big-to-fail banks are treated like too-big-to-take-to-trial and protected from exposure. Thanks to Bighouse.