All4One"Operation interests of banks and the government will...

All4One

"Operation interests of banks and the government will always override the law!!"

Do not be so naive as to assume that the US government and the US banks trust one another sufficiently to cooperate. Obama would love nothing more than to publicly nail the "bastards" who bankrolled Romney to any convenient Wall. They are definitely not playing for the same team.


"And there are laws re manipulation of trading and laws which govern banks, but that never stopped the GFC and the fraud in the banks"

If only it were that simple. The GFC was caused by misplaced confidence in flawed risk models - call that stupidity. Any fraud (and there is always some fraud) was mere crumbs off the table.