Six Years Later, We're Still Litigating the Bailouts

When Wall Street imploded in the fall of 2008, a few things were apparent at the time: that the economic consequences would be dire; that the financial industry was in need of major reform; that the impact of the crisis would be wide-ranging.

But here’s what was not at all apparent, or at least not to me as a reporter covering it all: that six years later, we would still be litigating, metaphorically and literally, who was at fault and what ought to be done to create a stronger financial system.

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