Why isn't Wall Street in Jail

In answer to the title question, I believe that these guys are not in jail because Bush and the whitehouse would look very bad if people found out how all this was handled.

It's a national embarassment.

Paulson (ex goldman guy) was in the whitehouse advising president Bush on what to do. I'm sure before he was allowed to act, Paulson was given a "get out of jail free" card. What I cannot believe, is just how many ex-goldman people were involved in the decision making and how many ex-goldman people (Geitner) still have positions of power. How this is not a huge conflict of interest is beyond me.

The above mentioned article is the best one I've read on the whole fiasco. Taibbi does a great job of explaining, in laymen terms, what went on.

I am a former derivatives trader, and amongst people in the trading community, we are stunned with what these people got away with.

They have all the time in the world,all the money in the world and all the lawyers in the world which even the government can't compete with especially since o many of the government are owned by the banks,brokers and lobbyists as well as th right wing lie machine to guarantee these guys won't get what they deserve.

I have been asking that same question, I was disappointed there were no Congressional hearing on banks when the Democrats held the majority. The Republicans and some Democrats protect the banks, because they don't want the public to know their personal involvement. All we need to do in re-install the Glass - Steagall Act and make a bank a bank, and investment company an investment company, and an insurance company an insurance company with no collusion between the three.

I agree Becks, but I also think the the recent supreme court ruling, Citizens United, giving corporations person-hood will prove to be far more detrimental to the average American. Someone pointed out recently, on the Vine, that there are plenty of regulatory laws on the books but if they are not enforced-------well, you have the situation we are now caught up in in this country. Greed rules everything now.

But steal some aluminum siding and go to jail. I read about poor people trying to steal so they can pay the rent and off they go to jail.

Until and unless we take the money out of politics there is no chance of reform. The current system that allows any special interest to donate obscene amounts of money to either (or both) side(s) of the aisle while pretending that it won't influence their decision-making is insulting to the intelligence of a 1st grader. A Constitutional Amendment that 1) Revokes Corporate "personhood", and 2) Stipulates that money is NOT speech and that political contributions may be restricted to any degree desirable would be a wonderful start. Personally I would love to see a system of publicly funded elections put in place with every candidate provided with, and restricted to, the exact same amount of funding. All the special interest group advertising should be prohibited within "X" months of an election. Then you would have much more balanced and fair elections where, God forbid, the issues and candidates matter more than just who can outspend the other.

Damned good question but we know the Supreme Court is on the take, Congress is on the take and Senate as well. Will the honest politician please stand up. Ok OK stand up. Well well I didn't think there was any left. Cleanse the politicaians in November if nothing else it will give some one new a chance to get filthy rich.