It's been three years since the financial crisis brought the U.S. economy to its knees and to this day there has not been a single prosecution of a high-ranking Wall Street executive or financial firm.
Of course, this is to the dismay of much of the public with many directing their ire at Wall Street by engaging in massive protests nationwide.
In a television interview this weekend, CBS "60 Minutes" asked President Barack Obama why there haven't been more criminal cases made against Wall Street.
The reason, Obama explained, is they didn't do anything illegal.
"I can tell you, just from 40,000 feet, that some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn't illegal. That's exactly why we had to change the laws. And that's why we put in place the toughest financial reform package since F.D.R. and the Great Depression," Obama told CBS's Steve Kroft.