Remember way back in 2008-2009 when the U.S. was in the midst of the worst financial crisis since the Great Depression? Am I safe to assume that we all know of at least one person who was affected by this blatant act of deceit?

Well, last week Goldman Sachs (finally, just a shade under a decade) agreed to a settlement somewhere in the ballpark of $5 billion for the role they played during the financial meltdown, according to an article written by Lucinda Shen of, and without a single individual being held accountable for their actions by having to serve time in prison.

These individuals knowingly defrauded hardworking people like our parents and grandparents of money they’d saved their entire lives and entrusted to these “experts”, only to be deceived and left in the wake of the big banks’ appalling crimes.

And it wasn’t just Goldman Sachs, there were others: Bank of America, Citigroup and JP Morgan–just to name a few off the top of my head. But if these people are not held accountable for the crimes they commit, what’s to say they won’t do it again the first time an opportunity arises? Apparently they’re not responsible–the company is! Why should they care?

More importantly, why should you care? The Dodd-Frank bill was passed to help prevent such crimes from ever happening again, right? Sure, but don’t think for a second the banks won’t do it again once they find a loophole or some back door. And next time it will likely be your money.