B of A's agreed to pay a record breaking fine;
Countrywide sold mortgages that crossed a legal line
Knowing that the loans that they were peddling were junk.
16 billion dollars... That's a pretty hefty chunk.
Do not get your hopes up though - I doubt you'll see a dime.
Nor will Countrywide's executives do any time.
Might be a deterrent but I'd bet it's not the banks
Who'll be paying through the nose next time the market tanks.
Thought they were "too big to fail" before? They're bigger now.
But, with recent record highs reported at the Dow,
Wall Street isn't in a rush to implement reforms;
Leaving us a leaky Ship of State in future storms.