To date there has not been a single prosecution, much less a serious investigation into the events that brought the US economy to its knees. The SEC has not changed the rules, the Senate has repeatedly kowtowed to the big banks and "too big to fail" is still the name of the game.
Are these just random issues, or is Wall Street simply too powerful for any part of the government to take on? Or should it even try? Former White House and Senate staffer, Jeff Connaughton takes a look at all of this in The Payoff: Why Wall Street Always Wins.
My conversation with Jeff Connaughton:
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