Money in the Bank

The U.S. Justice Department is suing Bank of America to try to recover $1 billion for the mortgage fraud that the bank engaged in. Significantly, some of the fraud went on while the bank was being bailed out by the Federal Government. This is the sixth lawsuit against a major U.S. bank filed by the Justice Department in the last 18 months. Evidently, the financial system is rotten to the core. Those people have absolutely no compunction in committing all sorts of white-collar crimes and irregularities, time and time again. When they're caught, they pay a fine, settle a lawsuit and still make a ton of money in the process.

Business as usual.

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