Forgery. Perjury. Investor fraud. Bribery. Money laundering. The body of evidence against individuals at the nation’s biggest banks is overwhelming. Nothing speaks louder about the banks’ guilt than this evidence — nothing, that is, except the billions they’ve paid to settle the charges.
The Administration reacted indignantly this week to suggestions it’s still slow-walking its investigation. And then, despite all this evidence, the Treasury Secretary of the United States proclaimed that no laws had been broken. And the White House wonders why its word is no longer enough?
A source in the office of a key figure in the investigation has denied a new story that they’ve ruled out criminal prosecutions. But the burden of proof has shifted. Nothing will convince the public now except action…
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