What’s the difference between Enron and the subprime mortgage meltdown?…..not much….corporate capitalism run amok…..or more precisely we should call it predatory capitalism.
Though the particulars differ, the same principle applies…..do what you can for quick returns on capital, commit fraud if you can get away with it,
and the customer be damned.

Enron went so far beyond pale most of the perps ended up in jail….in the case of Bear Stearns, Fannie May, et.al, the government (meaning the taxpayer)
will bail them out.

But some of the subprime loan sharks will indeed be looking at incarceration for a time..

However, for the most part, the rich get a safety net, and the rest of us poor schlubs….well, you know the rest..but the main point of the story–

Deregulation is a great thing for companies, for corporate profits, but encourages predatory capitalism.