Almost a decade after the financial crisis of 2008, the individuals and institutions responsible for the subprime mortgage crisis that created the worst financial disaster since the Great Depression have paid almost no price for it.
Some fines were paid by banks to the government, a handful of bankers ended up in prison, but few investors were able to recover the money lost by the banks and their investment companies. Now, as Senator Al Franken has noted, Trump has filled his administration with billionaires who played roles in nearly wrecking the world's economy.
Read Full Article »