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Go Short on Successful Prosecution of Wall Street: Ann Woolner

There is a sense out there that what Wall Street did to the rest of America is downright criminal.

Financial wizards created a multitrillion dollar, unregulated market of derivatives that few Americans knew about much less understood. Wall Street raked in billions of dollars, lavishing executives and traders with unfathomable bonuses even after the mortgage market tanked while the rest of us saw net worth plunge, homes and savings lost.