Hacker News Reader

You're asking that facetiously, right?

The answer to your question is simple: Wall Street runs this country. The people in charge of making US bank policy have all come from the banks themselves.

http://themoderatevoice.com/93909/wall-streets-control-of-ec...

So the government can give the impression of fighting corruption.

Even after excluding a big mortgage related charge, Bank of America's net income last year was only 756 million dollars. If you estimated that each of the named banks would have to pay out an eighth of the 20 billion with the other ten billion dollars spread out across unnamed banks, you'd still be charging them 3 times what they make in a year. That's more than a slap on the wrist.

Just wait. They'll all settle out of court for a tenth of the price and the government will pat themselves on the back with a victory.

Because the system itself includes the government and why the hell would they do that to themselves??