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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>William Black: Why aren't the honest bankers demanding prosecutions of their dishonest rivals? | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="CpJSq5mNCM"&gt;&lt;a href="https://www.nakedcapitalism.com/2011/04/william-black-why-arent-the-honest-bankers-demanding-prosecutions-of-their-dishonest-rivals.html"&gt;William Black: Why aren&#x2019;t the honest bankers demanding prosecutions of their dishonest rivals?&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2011/04/william-black-why-arent-the-honest-bankers-demanding-prosecutions-of-their-dishonest-rivals.html/embed#?secret=CpJSq5mNCM" width="600" height="338" title="&#x201C;William Black: Why aren&#x2019;t the honest bankers demanding prosecutions of their dishonest rivals?&#x201D; &#x2014; naked capitalism" data-secret="CpJSq5mNCM" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>This is the second column in a series responding to Stephen Moore's central assaults on regulation and the prosecution of the elite white-collar criminals who cause our recurrent, intensifying financial crises. Last week's column addressed his claim in a recent Wall Street Journal column that all government employees, including the regulatory cops on the beat, are &#x201C;takers&#x201D; destroying America.  This column addresses Moore's even more vehement criticism of efforts to prosecute elite white-collar criminals in an earlier column decrying the Sarbanes-Oxley Act's criminal provisions: &#x201C;White-Collar Witch Hunt: Why do Republicans so easily accept Neobolshevism as a cost of doing business?&#x201D; [American Spectator September 2005] This column illustrates one of the reasons why elite criminals are able to loot &#x201C;their&#x201D; banks with impunity &#x2013; they have a lobby of exceptionally influential shills.</description></oembed>

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