Mortgages, Layoffs and Bribes (bloombergview.com)

I love Levine, but his commentary on the Barclays fine has been pretty weak. "What were they supposed to do, use some kind of super-Google?" And then a couple of lines later he acknowledges the regulators lay out exactly what they should have done, including using the many third-party due diligence tools that they already pay for but chose not to use.