Aug
16
The Whale That Should Not Have Gotten Away
ByThe editorial board of The Wall Street Journal has asserted that bankers and traders didn’t go to jail for their bad behavior in the years leading up to the financial crisis “because they haven’t committed any crimes.”
“Politicians and journalists have made careers of lamenting that too few bankers have been convicted of crimes,” the editorial writers said. “They overlook that, at least in America, to prove a crime you have to have enough evidence and that a mistake is not necessarily criminal.”…