"Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. 'Everything's fucked up, and nobody goes to jail,' he said. 'That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that.' "
Taibbi's extensive piece points out that the folks working at the Securities and Exchange Commission and Justice Department, who are supposed to be cracking down on Wall Street crime, are so compromised and bought off by lures of future millions through a revolving door to the halls of corporate wealth that they are as likely to prosecute — never mind put in the pokey — a financial fat cat as you are to hit Powerball and nail Cate Blanchett on the same night.
If you're having a good day, save Taibbi's story for later. If you are on your way to a bar fight or gang war, read this first — you'll kick ass and take names, which is more than the White House, Congress, the SEC, or Justice ever does.
Send March and Pulitzer-grade tips to p&j@phx.com.
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