President Obama and his new administration were going to be so tough on the corporate villains who had such a large role in fostering the recession that has upended the finances of so many.
But as author James Lieber points out in this week's cover story "No Justice," that just hasn't happened.
As it stands now, there's only one federal prosecution related to the credit crash and bailout cycle, and it was begun by the Bush administration's Justice Department in June 2008.
Turns out, most of Obama's crew were in on the ground floor of the factors leading up to the collapse, and did nothing to stop it.
We Believe Local Journalism is Critical to the Life of a City
Engaging with our readers is essential to the mission of the Houston Press. Make a financial contribution or sign up for a newsletter, and help us keep telling Houston’s stories with no paywalls.
Support Our Journalism
If you're satisfied with what's been done so far to hold someone, anyone accountable, this story might upend your beliefs.