(UPDATE: In September of 2020, charges were dropped against Matt Tonne, who was the defendant in the abuse allegations involving the Village Church.)
2008 introduced us to the idea of something being “too big to fail.” In that case it was our nation’s largest banks. They had grown so large and played such a decisive role in our nation’s economy that our national government decided that it could not let the banks fail, even if those banks had made mistakes that should’ve ended with their closure.
So the banks got bailouts, the bankers paid very little for destroying the economy, and thousands of Americans had their lives transformed in destructive ways.
But the banks still stood.
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