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Letting the Wall St. Banksters Walk

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-25-11 03:25 PM
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Letting the Wall St. Banksters Walk
http://www.smirkingchimp.com/thread/danny-schechter/33875/letting-the-wall-st-banksters-walk

All over Europe and in much of the rest of the world, a new fictional hero has engaged the fascination of millions of readers. His name is Mikael Blomkvist, and he’s the protagonist of the late Stieg Larsson’s Millennium trilogy.

These thrillers, set against the background of high financial crimes and misdemeanors, have become global best-sellers, doubtless in part owing to their gripping plots, elaborate mysteries and engaging characters. But their success is also indisputably a by-product of the macroeconomic chicaneries of our era and the human catastrophes they have wrought.

Larsson understood that financial crimes are far from victimless. They have upended millions of people’s lives, even if most of the victims don’t understand how they’ve been shortchanged and who is responsible.

Although the financial crisis that swept the world may have started on Wall Street, it has brought down governments and shredded economic security worldwide, resulting in the loss of millions of jobs and homes as businesses collapse, foreclosures grow, credit tightens and communities are devastated.

One estimate of the damage: $197 trillion.

MORE at the link --
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