Locking Up the Banksters: It's Not Hard

Gretchen Morgenson had a column on a new report from the Inspector General of the Justice Department which found that prosecuting mortgage fraud was a low priority, contrary to claims by the Obama administration. Since there is so much confusion on the topic it is worth repeating again what the Justice Department would have done if law enforcement had been its concern.

It's not a question of simply locking up Jamie Dimon and Lloyd Blankfein and other top bankers, the point would be to build a...