Thursday, December 17, 2015

Quote of the day: Did we learn nothing from Bernie Madoff?

Nothing terrible happens to you in this country if you shaft ordinary people. We saw that after the financial collapse. Shaft members of the investor class, however, and you really might face the law's wrath. Ordinary schmucks aren't full citizens. Want justice? Buy financial instruments. If you can't, tough luck -- the law doesn't care what happens to you.

- Steve M., explaining why repulsive Young-Tom-Cruise-wannabe Martin Shkreli was actually charged with a crime (just not for jacking up the price of a life-saving medicine he controlled simply because he could, but instead for defrauding investors in matters largely unrelated to his drug-pricing racket).

Update: Optional graphic accompaniment to this QOTD by Pat Bagley.

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