Earlier quoted context omitted.
I think there is a strong grain of truth to what you say. My politics are fairly lawyerly,[1] and I find the anti-democratic sentiment on here disquieting, especially the constant attempts to discredit the democratic process at every turn by unsubstantiated hand waving about how the system is "bought." [1] I think the chicken came before the egg. The profession attracts people who have a strong sense of order and con…
OK, here's some substantiation: http://www.nytimes.com/2013/01/03/opinion/how-bankers-help-d... HSBC has admitted that it is for all practical purposes a criminal enterprise masquerading as a bank. This is not a paperwork mistake or a lapse of oversight, it's their business model. Nobody will be prosecuted. The people performing these admitted criminal acts will be allowed to keep their paychecks, their bonuses, and…
http://www.npr.org/blogs/money/2012/12/14/167280430/episode-...
Planet Money talks about HSBC and well worth a listen. The problem really is why haven't any individuals been indicted from HSBC or any Wall Streeters (from the whole mortgage mess)?
On a side note, Planet Money is IMO an outstanding podcast.