I voted for Obama twice. But his failure to properly prosecute the bad actors in 2008 was one of the biggest failures of his presidency in my opinion.
However:
1) It's still not too late to go after those people. Some NY DA should make his career on this.
2) The biggest financial crime ever has been the years of unmitigated QE which has consistently taken money from the income-earning class and handed it to the wealthy asset holding class. This is a bigger travesty than all other financial crimes. Not clear what to do about it, there is nobody you can vote for who thinks it should end.
I believe you don't give enough credit to the scope of this pump and dump.
2008 was, more or less, a local US problem. Very few outsiders had their money in it. This one has the rest of the world's money involved as well.
And that, in my opinion, moves the center of gravity of that issue into different territory. Resentment.
Some involved in that raid are in it for the pain it causes those hedge funds, not for the money ( no matter how little true believers there are ).
If US punishes those kids, that resentment will only grow, and it'll grow among those not in US. The growth of us vs them mentality is the last thing anyone needs
However:
1) It's still not too late to go after those people. Some NY DA should make his career on this.
2) The biggest financial crime ever has been the years of unmitigated QE which has consistently taken money from the income-earning class and handed it to the wealthy asset holding class. This is a bigger travesty than all other financial crimes. Not clear what to do about it, there is nobody you can vote for who thinks it should end.