The way the big banks have been getting away with their crimes is truly a scandal, with the white House, the Justice Department, and other federal agencies responsible for monitoring them either unwilling or unable to do anything about it. This leaves Congress as the only possible entity that can do something and senator Carl Levin (D-Michigan) has been almost single-handedly trying to bring some accountability. As we saw in the 2013 Frontline investigation The Untouchables and in the 2010 Academy Award winning documentary Inside Job, he used his powers as chair of the senate’s Permanent Subcommittee on Investigations to drag out of the top executives in the big banks information about how they manipulated the housing market and investor’s money in ways that impoverished the country while enriching themselves. [Read more…]