In 2009, the U.S. suffered one of its worst financial crises in its history.
Thousands of people were complicit in selling subprime mortgages to people who could not afford them but were assured they could. Thousands of people were complicit in falsifying the documentation and assurances used to support the affordability of these subprime mortgages. Thousands of people were complicit in packaging these subprime mortgages into complex securities that were fraudulently valued, fraudulently rated, and fraudulently represented.
As a result, millions of people lost their homes. Millions of people lost their jobs. Millions of people lost all hope of ever retiring. Millions of people lost their health (and in some cases, their life) to stress and despondency. Millions of people lost all faith in their government and their ‘leaders.’
No one went to jail.
No one said they were sorry.
No one offered recompense
Pretty much the same thing had gone on in France up until July 14, 1789, on which day heads began to roll – down the street.