that wiped out 40% of the world s wealth. matt taibbi joins me. such an important book. it is. i feel like it puts, it draws, a shocking disparity between what happens to corporations and corporate executives and what happens to minorities and people at the bottom of the economic ladder. why still to this day has no one been arrested? well they give all kind of excuses. and you know, i spent years and years and years working on this book. i heard every excuse in the book they tell you, prosecutors. people in the justice department. regulatory agencies. the cases are hard to bring. juries don t understand them. you may devote lots of resources to the cases and still lose. may take you ten years to get into court. and why proceed with a costly prosecution when you can just get two, three billion dollars in a settlement anyway. what s the harm in that?
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