Will Government Bank Mortgage Deal Help or Hinder Prosecutions?

This Real News Network segment was recorded before the deal was announced today, but the observations are still germane. Yves Q. Smith argues this is just kabuki theater for the masses (ahead of a general election, I would add). Clearly, the easiest way to get a good settlement is to investigate (and prosecute) first and to settle only with that stick as leverage.

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This Real News Network segment was recorded before the deal was announced today, but the observations are still germane. Yves Q. Smith argues this is just kabuki theater for the masses (ahead of a general election, I would add). Clearly, the easiest way to get a good settlement is to investigate (and prosecute) first and to settle only with that stick as leverage.

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