And that real story is: business elites have gutted the regulatory state, leaving only criminal law to take its place, after the fact.
Joe Nocera has a good liberal hard-on for criminal prosecutions of corporate brass. http://nyti.ms/1Vevy4p But he misses the real story.
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@ChMadar Gut regulation, pursue the odd criminal but add to that the unprecedented out of court mega-settlements. -
@adam_tooze Now let's not be hasty, lawyers have to make a living too y'know!
End of conversation
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