Surprise, The Vampire Squid* is F%$#ing Its Customers Too
The Senate Permanent Subcommittee on Investigations has issued its report on the financial meltdown, and among other things, they say that Goldman Sachs deliberately misinformed its customers so that it could bet against them and lied to Congress.
Of course, there won't be any prosecutions, even though the behavior is so egregious that the New York Times has has started to wonder why there have been no prosecutions. (This is a serious article, about 4000 words long, not a throw away comment in an OP/Ed)
Of course, Matt Taibbi, and the rest of us have been asking this question for months.
The answer is that it's because they own us, or at the very least, they own Barack "The Worst Constitutional Law Professor Ever" Obama, Timothy "Eddie Haskell" Geithner, and Eric "Place" Holder, which comes to the same damn thing.
When this sort of fraud goes investigated and unpunished, it becomes the social norm, and metastasizes.
*Alas, I cannot claim credit for the bon mot describing Goldman Sachs as a, "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money." This was coined by the great Matt Taibbi, in his article on the massive criminal conspiracy investment firm, The Great American Bubble Machine.
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