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U.S. Sets 50 Bank Probes
WSJ ^
| NOVEMBER 17, 2010
| JEAN EAGLESHAM
Posted on 11/17/2010 9:11:54 AM PST by ColdOne
The Federal Deposit Insurance Corp. is conducting about 50 criminal investigations of former executives, directors and employees at U.S. banks that have failed since the start of the financial crisis.
(Excerpt) Read more at online.wsj.com ...
TOPICS: News/Current Events
KEYWORDS:
The agency responsible for dealing with bank failures is stepping up its effort to punish alleged recklessness, fraud and other criminal behavior, as U.S. officials did in the wake of the savings-and-loan crisis a generation ago.
1
posted on
11/17/2010 9:11:56 AM PST
by
ColdOne
To: ColdOne
But the government is the one that forced them to make the bad loans in the first place.
2
posted on
11/17/2010 9:18:03 AM PST
by
UCANSEE2
(Lame and ill-informed post)
To: ColdOne
as U.S. officials did in the wake of the savings-and-loan crisis a generation ago. Which was also another GOVERNMENT ORDERED MESS.
3
posted on
11/17/2010 9:19:34 AM PST
by
UCANSEE2
(Lame and ill-informed post)
To: UCANSEE2
Exactly, that is why i posted this. I could not really believe it. Unreal just unreal.
4
posted on
11/17/2010 9:24:06 AM PST
by
ColdOne
(Repeal Healthcare......NO COMPROMISE.......ever!)
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