Nathan

Well put: The Feds went after two Bear Stearns hedge fund managers for lying and self-dealing at the dawn of the crisis and lost the case. Since then, everything's been a settlement - where everyone gets to write checks from their corporate coffers and deny wrongdoing. This does nothing to appease the throngs of spectators watching from the cheap seats. This week in New York, a jury found a Citigroup drone not guilty of mortgage fraud but rather than send a signal to The Street that they were satisfied, this jury wrote a letter to the government begging them to prosecute bank CEOs. This was a first, and it happened five years later. What does that tell you about the public's desire for closure and for the guilty to be punished? We don't want it, we need it. We cannot move forward until there is a sense that loose ends have been addressed, until then we're simply still in the crisis phase, we will not - as a society - accept that it's over yet.