As I read this it sounds like Biden is saying that criminals need to face justice and Markell is saying “C’mon now. Boys will be boys.”
“To get our nation’s economy moving again, we need a strong and vibrant financial services industry that responsibly provides credit and capital, and that is properly and fairly regulated,” Markell said. “As long as these lawsuits continue to drag out, they will continue to drag down our economy.”
Biden said in a written statement late Friday that his duty was to “protect homeowners, investors and all Delawareans affected by the abuses of the mortgage industry that created this economic crisis.”
“I do not settle matters that have not been investigated, and there remains a lot of work to be done in understanding the scope of the mortgage industry’s bad conduct that has hurt so many,” Biden said. “Our economy works the best when everyone plays by the rules, and we must hold those who brought our financial system to the brink of collapse to account.”
Perhaps my take on Jack’s position is jaundiced by my sense that President Obama is absolutely dedicated to a policy of holding all banking malefactors harmless, and I’m pretty sick of Democrats comforting the comfortable.