In other words, Breuer is saying the banks have us by the balls, that the social cost of putting their executives in jail might end up being larger than the cost of letting them get away with, well, anything.
This is bull****, and exactly the opposite of the truth, but it's what our current government believes. From JonBenet to O.J. to Robert Blake, Americans have long understood that the rich get good lawyers and get off, while the poor suck eggs and do time. But this is something different. This is the government admitting to being afraid to prosecute the very powerful – something it never did even in the heydays of Al Capone or Pablo Escobar, something it didn't do even with Richard Nixon. And when you admit that some people are too important to prosecute, it's just a few short steps to the obvious corollary – that everybody else is unimportant enough to jail.
An arrestable class and an unarrestable class. We always suspected it, now it's admitted. So what do we do?
Read more: http://www.rollingstone.com/politics...#ixzz2KyrdcyZr
Interesting note: Senator Phil Gramm, the man most responsible for driving the legislation that dismantled Glass/Steagle, which allowed the banksters and Wall Street to bring down our economy while stuffing their own pockets full of tax payer money (not to mention stealing billions in equity from American homeowners) now works as the Vice Chairman of investment banking at UBS.
Small world, eh?