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by bsanr2
2206 days ago
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A dead reply to this post expressed incredulity at the disparate treatment of Bernie Madoff and countless black convicts when comparing the scale of the damage they respectively caused. They illustrated this with the erroneous "factoid" that Madoff stole more than the value of all robberies and burglaries by black people in the country's history. This is probably untrue, due in no small part to the nature of his scheme. That said, the trillions in value lost during the Great Recession, which was the result of completely unpunished malfeasance by executives and regulators across the financial industry, and which stripped black families of roughly half their wealth, almost surely eclipses whatever figure one could come up with for the proposed above. I agree with the spirit of his comment. |
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