"But one cannot defend the actions of Team Obama on taking office. Law, policy and politics all pointed in one direction: turn the systemically dangerous banks over to ... [the] FDIC ... audit the books, prosecute the frauds ... Instead they announced “stress tests,” plainly designed so as to obscure the banks’ true condition ... ignore the market value of their toxic assets. Management stayed in place. They prosecuted no one ... The banks threw a party..."
I always get a kick out of this tool Galbraith and his SOROS connected idiot theenk tannk, New Deal 2.0....this group of lefty Keynesistas aka Chicago Commies are all about living in the lefty bubble.