David Cay Johnston: Too Big To Jail?

David Cay Johnston: Too Big To Jail?

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Business

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The transcript discusses the reluctance of government officials to prosecute large banks due to fears of economic disruption. It highlights criticism of these officials, particularly in Newsweek, and their subsequent backtracking. The transcript also examines claims about mortgage fraud prosecutions, revealing discrepancies between reported and actual cases. It concludes with a critique of the government's inaction against powerful entities involved in criminal frauds, suggesting that their prosecution could harm the economy.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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