As the Supreme Court mulls over its forthcoming decision on whether cities like Miami can hold the nation’s biggest banks accountable for their alleged discriminatory and predatory conduct against minorities, legal commentator and professor Kenneth Jost notes that the review comes in the “precious little” to date in the way of government success in prosecuting any of the “too big to fail” banks, despite the banks agreeing to pay large civil fines for their improper foreclosure practices.

These discriminatory foreclosure tactics led to cities like Miami seeing their tax bases gutted, diminishing funds for municipal services including police and firefighters that in turn further eroded the health and liveability of city communities. Jost writes, “A legal ruling for the city would do no more than set the stage for a trial, where it would have to prove its allegations and connect its injuries to the banks’ policies. Millions of dollars from the banks would go only so far in undoing the damage the city has suffered, but it would be a significant victory for corporate accountability and racial justice.”

Read the full post at online JostOnJustice.