![]() ![]() ![]() He explains how the Obama administration has developed an almost official policy of not jailing bankers, and of instead going after fines that are just slaps on the wrist for these enormous banks. These execs got multi-million dollar payoffs for themselves, in an elaborate scheme that cost pension funds and other investors across the country – and they got away with it. He shows how the top executives of the investment bank Lehman Brothers stole billions of dollars from creditors and handed it to the British bank Barclays as Lehman Brothers went bankrupt. Taibbi describes how the giant bank HSBC paid a fine for laundering tens of billions of dollars in Mexican drug money, but no one went to jail. By comparing the criminal bankers with the ordinary “criminals” who fill the jails, Taibbi shows how the American “justice” system is a cynical, brutal, and well-organized setup for perpetuating the wealth of the rich and the poverty of the poor. Matt Taibbi’s new book, The Divide, vividly shows the gap between the poor, who can be jailed for anything or nothing, and the rich, who cannot be jailed, no matter how much money they steal, and no matter how blatantly they lie. American Injustice in the Age of the Wealth Gap ![]()
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