GOP lobbyist Jack Abramoff

Almost all the liberal / progressive bloggers are going crazy about the indictments. I, on the other hand, am disappointed.

I've spent almost my whole adult career in regulating financial institutions and in my experience bank fraud is under indicted, under litigated, and WAY under punished. Prosecutors think that juries can't comprehend the complexities of bank fraud so they avoid prosecuting. Guys like Keating who do some time -- are the exception -- and he got away with not having to make restitution.

Tax evation would have been such a better charge . . .