Today, one Countrywide exec was named as actively perpetrating fraud, and current owner Bank of America was mildly fined. It begins! Or… maybe it ends.
In case you missed this last night on “All In With Chris Hayes,” and you possibly did… Alexis Goldstein totally WENT OFF on JP Morgan and Wall Street and it was delightful. (Also it was set up with the best Alex Pareene clip, which is wonderful.) The poor banker dude tried to get in that like “Oh if we prosecute bankers then the banks won’t loan!” Which is hilarious, since… the banks really did give up on a lot of loaning—not just in the U.S. but all around the world.