More indignation over Wall Street, but no action
So says the inimitable Derrick Jackson in this Boston Globe op ed carrying the same title as this posting. Perhaps you responded positively to the bi-partisan report of the Senate Permanent Subcommittee on Investigations co-chaired by Carl Levin that issued its "blistering" report last week, critical of the abuses of the banking industry? Well, let me jump ahead to Jackson's final paragraph:
The result is more rhetoric than actual reform. After two years of investigation, Levin said his staff “found a financial snakepit rife with greed.’’ But neither he nor the White House nor the regulators show any sign of jumping into the pit to kill the snakes.
In other words, more rhetoric and still no meaningful action.
Which should frustrate the hell out of anyoneere is more.
