WILLIAM BLACK: 2011 Will Bring More de Facto Decriminalization of Elite Financial Fraud Source: stopforeclosurefraud.com The FBI and the DOJ remain unlikely to prosecute the elite bank officers that ran the enormous accounting control frauds that drove the financial crisis. While over 1000 elites were convicted of felonies arising from the savings and loan (S&L) debacle, there are no convictions of controlling officers of the large nonprime lenders. The only in | ![]() |
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