Abacus Bank

In Apocalypse Now, while winding his way up river to kill Marlon Brando for war crimes, Martin Sheen’s character muses that “charging a man with murder in this place was like handing out speeding tickets in the Indy 500.” Well, the racing world should be very thankful that Indianapolis isn’t in Manhattan DA Cyrus Vance’s jurisdiction.

Vance’s office is prosecuting a bank for its alleged role in the housing market meltdown. Note “a” bank, as in singular. While the entire financial world crashed, Vance is going after a small, family-run bank that serves New York’s Chinese immigrant community.

Yeah, that’s totally who I’d blame for the crisis too.

But this case does, perhaps unwittingly, expose the fantasy guiding prosecutors in the aftermath of the crisis. And suggests that the Manhattan DA’s office needs to look up the word “epitomizes”….

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