Already conceding some involvement, but — as of yet — no culpability are Citigroup, Deutsche Bank, JPMorgan Chase, the Royal Bank of Scotland, and (no surprise) HSBC.
This may seem complex, but the bottom line is simple. No longer content to plunder Main Street's John and Jane Doe, the big banks turned on each other, disproving the old adage that there is honor among thieves. Greed rules.
ROMNEY'S RESOLVE
Could it be that Mitt Romney has a sense of shame?
How else can Romney's refusal to make public his income tax returns be explained?
Any suggestion that Romney is standing on principle is ridiculous.
Even if you buy that Romney's flip flop on choice was a matter of conviction, his disavowal of his only significant political achievement, Romneycare — the road map for President Barack Obama's Affordable Care Act — reeks of the basest, most mind-boggling, almost inspired political harlotry.
Whatever they may contain, releasing his tax returns would free Romney from the constant pummeling he is receiving as a result of the inconvenient fact that he was chairman and president of Bain Capital when he said he wasn't.
Unanswered questions haunt politicians until they are answered. Just ask Bill Clinton.
But maybe, just maybe, Romney is ashamed that: a) he perhaps paid little or no income tax for the years in question or b) he collected tens of millions of dollars for supposedly doing nothing. Whatever the answer, the odds are it will not sit well with a nation full of the unemployed and underemployed.
So maybe it's shame. It's just a thought. But however you look at it, greed isn't pretty.