In her recent op-ed in the Guardian, noted journalist, Bethany McLean, points out that a lot of what happened leading up to the economic collapse was not the result of criminal behavior. Maybe some of the publicity hounds on Capitol Hill and in the New York AG's office should read this. While no one is excusing the results of malfeasance on Wall Street, that doesn't always mean a criminal prosecution in the proper course of action. Like Bethany says, maybe there is something strangely reassuring about Bernie Madoff?
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