Crony Capitalism

The following is a direct quote from BARRON'S magazine, July 9, 2012:

Crony Capitalism
Countrywide Financial, now owned by Bank of America, gave discount loans to members of the U.S. Congress and Fannie Mae Executives while it lobbied to combat legislation that would have restricted its sales of subprime mortgages, according to a House committee report based on a three-year inquiry. 

Do we need to know more than that?  Our elected officials accepted preferred terms from an organization that was simultaneously lobbying them to vote against a law that would inhibit their ability to sell subprime mortgages.  The very segment of the market that was at the center of the financial meltdown in 2008.

Private sector employees go to jail for that kind of thing.  Where is the outrage?  Where is the remedy?