Why the Wall Street gang aren’t in jail

Many Canadians (and many more Americans) ask the eminently reasonable question, Why aren’t the bankers who precipitated the financial collapse of 2008 in jail? The damage they inflicted on the U.S. alone was immense: a loss of $11-trillion of personal wealth and 5.5 million jobs, and the foreclosure of over 10 million homes.

And there certainly seemed to be criminal behaviour. Two government