Just now emerging. Lots of folks saw it for what it was but it was spun as the Obama Admin settling wrongdoing from the financial collapse.
There were myriad laws broken by banksters, many rising to criminal felony levels, yet not one person went to jail. Obama sold “Get Out of Jail Free Cards”.
Wait just a damn minute!
First the Feds DEMANDED that banks lend to unqualified borrowers.
Then the Dems like Frank Rains & Jamie Gorelick made Tens of Millions by bundling these non-performing loans and selling them into derivatives.
Next, the Feds came back and fined the banks for selling these non-performing loans.
This scheme enriched the Dems and to a lesser extent the banks, but the banks had no choice but to play along on both ends of the fraud.
In the end the consumer and the taxpayer are the ones hurt and unrestored.
The Dems belong in jail.
The GOP were too cowardly to act for fear of being called racist for opposing policies pretending to help the poor.
Interesting that the initial Crime occurred under Clinton, was blamed on Bush, then capitalized on by Obama.