Matt Taibbi in Rolling Stone:
At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we’ll all be paying for until the end of time.
So I guess it got its logo right as well:
They’re out of control, yet they’ll never do time or go out of business, because the government remains creepily committed to their survival, like overindulgent parents who refuse to believe their 40-year-old live-at-home son could possibly be responsible for those dead hookers in the backyard.
Okay, so the comparison isn’t perfect. Enron went out of business – sort of – but as to the other, no one connected with it will ever do time (for the consistent pattern of fraudulently soliciting donations for ‘work’ on ‘goals’ it not only has no desire to accomplish but in fact has a long history of actively working against) and it will never go out of business, because Gay, Inc. remains creepily committed to its survival, like overindulgent parents who refuse to believe their toothless 40-year-old live-at-home son who likes to collect matchsticks and sudafed pills could possibly be responsible for the pungent cat urine-ish stench in the basement or those dead teenaged boys in the boat shed.