Fascinating to hear someone like Jeff Sachs point out and speak out about criminality and Wall Street. It may be comforting to place blame on Wall Street bankers … but this is all a collaborative effort between a democractically elected government, regulatory bodies AND criminals. What does all this say about the future of legality itself?
Massive Legal Failure
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[…] framework (including legislative, judicial, enforcement, punishment and public perception aspects) seems to be deteriorating … and I believe that’s a good thing. I believe the law, at its best (a rare combination […]
[…] am assuming that when it says “should” it is reaching for legal ground. But we’ve drifted very far from that island to. Which means that the word “should” has become an empty shell […]