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Let's imagine you were a federal prosecutor. Who specifically would you indict for the 2008 crisis, and on what specific charge?
by umanwizard 8y ago
Let's imagine you were a federal prosecutor. Who specifically would you indict for the 2008 crisis, and on what specific charge?
- anth_anm 8y agoLet's not, because it's a pointless exercise. I'm not a federal prosecutor with the powers to investigate the malfeasance of white collar criminals. https://www.nytimes.com/2014/05/04/magazine/only-one-top-banker-jail-financial-crisis.html https://www.nytimes.com/2014/05/04/magazine/only-one-top-ban...
- jgalt212 8y agoaccounting fraud, for one. Banks carried so much unsold bonds on their books at prices that were nowhere near reality.