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This seems to corroborate the story: https://www.steptoe.com/en/news-publications/borrower-beware-series-part-iv-lessons-for-cares-act-participants-from-tarp-pr
by rcxdude 9mo ago
This seems to corroborate the story: https://www.steptoe.com/en/news-publications/borrower-beware-series-part-iv-lessons-for-cares-act-participants-from-tarp-prosecutions.html https://www.steptoe.com/en/news-publications/borrower-beware...
Though it sounds like they're mainly talking about bankers jailed for fraud related to the TARP loans themselves, as opposed to the mortgage fraud that precipitated the crisis.
- bandrami 9mo agoThere were examples of both. In most of the cases where they were jailed for fraud related to the TARP loans it was lying on the required audit about what their positions prior to the crash were.
- momoschili 9mo agolooks like it's mostly lackeys