Criminality is about deviance, so the more widespread undesirable conduct turns out to have been, the more difficult it becomes to treat it as criminal. The collapse of the Bear Stearns hedge funds in July 2007 was shocking, as was the demise of their parent company eight months later. Likewise, Fannie's, Freddie's, Lehman's, and AIG's failures were all stunners. But by the time Washington Mutual fell, indignation was beginning to flag.- From a Fortune article 'Payback on Wall Street'
In case you have trouble understanding the above, Fortune magazine, one of the support pillars of capitalism is pointing out that criminal behaviour seems to be par for the course on Wall Street.
