Well said

Roger Ebert: “I have also felt despair at the way financial instruments were created and manipulated to deliberately defraud the ordinary people in this country. At how home buyers were peddled mortgages they couldn’t afford, and civilian investors were sold worthless “securities” based on those bad mortgages. Wall Street felt no shame in backing paper that was intended o fail, and selling it to customers who trusted them. This is clear and documented. It is theft and fraud on a staggering scale.”

He forgot one thing. He forgot to mention nobody is in jail for this clear “theft and fraud on a staggering scale.”

1 Comment

  1. I think we all feel like Roger. Allowing these criminals to get off Scot-free, and with incredible bonuses to boot, isn’t going to bode well for the future.

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