In response to:

Our Government-Created Financial Crisis

Pete1215 Wrote: Dec 12, 2012 7:48 AM
If I remember correctly, practically no one has gone to jail over any of this.
Whitebeard Wrote: Dec 12, 2012 8:06 AM
Pete: IMO, the essence of corruption is that everybody...except the corrupt...pays for the corruption. As I recall, a few lower level managers are in trouble for the "robo" signing of some questionable documents, but I don't know much more than that about it.

Suppose you saw a building on fire. Would you seek counsel from the arsonist who set it ablaze for advice on how to put it out? You say, "Williams, you'd have to be a lunatic to do that!" But that's precisely what we've done: turned to the people who created our fiscal crisis to fix it. I have never read a better account of our doing just that than in John A. Allison's new book, "The Financial Crisis and the Free Market Cure."

Allison is the former CEO of Branch Banking and Trust, the nation's 10th largest bank. He assembles...