Judge Jed Rakoff is a hero. He's taking on the Wall Street banksters and holding them accountable for their misdeeds. The LA Times has his profile:

When Bank of America Corp. was trying to settle civil charges over its conduct in its purchase of Merrill Lynch, U.S. District Judge Jed Rakoff wrote that the bank's executives had led what "could have been a bank-destroying disaster if the U.S. taxpayers had not saved the day."

Addressing how the firm pays its top people, the judge spoke in February of "the incredibly bloated compensation of too many executives in too many American companies."

In another case, Rakoff called JPMorgan Chase & Co.'s handling of a major client improper at the very least, "if not a downright sham."

He condemned not only big banks but also their regulators, saying the Securities and Exchange Commission's enforcement in the Bank of America case did "not comport with the most elementary notions of justice and morality."

Read the full profile and meet the financial hero. Today, more than ever, we need more Judge Rakoffs holding the big banks and the financial industry accountable.We could use some on the FCIC. Instead, the FCIC is being undermined by right wing obstructionists. Any commissioner obstructing the work should be publicly exposed for siding with the big banks. The big banks are back to business as usual.