“Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that’s wrong,”
– Charles Ferguson (Last Night at the Oscars. His film “Inside Job” won the Oscar for Best Documentary – three years ago he was also nominated for his film “No End in Sight” about the US occupation of Iraq).
Instead of locking up the swindling Maserati driving bankers or even letting them go bankrupt, the government spent over $20 trillion bailing them out.
George H.W. Bush (George W. Bush’s father) wasn’t a great president but it was during his presidency that led to over a 1000 convictions in the Savings and Loans crisis of the 90’s. What a shame that President Obama actually puts Tim Geithner in charge – The wolves guarding the sheep get to decide now what’s for dinner.
Watch the Trailer: