“You know why Madoff went to jail when no one else did? He stole from the rich. That was stupid. If you steal from the average guy, you get away with it.”
Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world’s wealth — and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people.
Exerpted from Cenk Uygar’s MSNBC interview with writer Matt Taibbi about Taibbi’s Rolling Stone article Why Isn’t Wall Street in Jail? Feb. 16, 2011