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As far as I know Madoff is the only one who went to jail, and he obviously didnt play a role in creating the crisis, he just was discovered because of it. The b
by misiti3780 11y ago
As far as I know Madoff is the only one who went to jail, and he obviously didnt play a role in creating the crisis, he just was discovered because of it. The biggest offender that should absolutely be in jail in my opinion is Dick Fuld. If you dont know anything about it, read about REPO 105[2]. It is mind boggling to me that that guy didnt get 1 day behind bars, and from what I have read - he actually got to keep all his money made during years before when he was leveraged ???:1.
Matt Taibbi has written a lot of good stuff about this, as is Yves Smith, the blogger behind Naked Capitalism.
[1] https://en.wikipedia.org/wiki/Richard_S._Fuld,_Jr https://en.wikipedia.org/wiki/Richard_S._Fuld,_Jr.
[2] https://en.wikipedia.org/wiki/Repo_105 https://en.wikipedia.org/wiki/Repo_105