Economy

Arrested Developments

Shitty headline. I know.

Anyway. Zaid Jilani at ThinkProgress has been on fire recently. For example, this:

Over 1,000 Americans Have Been Arrested Protesting Wall Street, While Bankers Have Dodged Major Prosecutions

The problem, though, is that prosecutors and regulators don't have the budgets or the expertise required to unravel the labyrinthine schemes the financial sector invented. The only guy who was even close, Elliot Spitzer, couldn't keep his wanger away from hookers -- a critical weakness when you're making lots of very wealthy enemies.

So I don't really anticipate any arrests anytime soon. Sadly.