Powered by Blogger.

After Financial Crisis, Wheels Of Justice Turn Slowly

Wednesday, April 20, 2011

Spencer Platt/Getty Images
Yellow tape hangs on a fence during a protest outside the New York Stock Exchange last December. Almost three years after the financial crisis, most top Wall Street executives haven’t faced any criminal reckoning.

This week, a federal jury in Virginia convicted mortgage executive Lee Farkas of fraud and conspiracy charges that could send him to prison for life.
Authorities say Farkas tried to defraud banks out of almost $3 billion, in one of the biggest cases to

Read more ...

Share this article on :

0 comments:

Post a Comment

 
© Copyright 2010-2011 USA HOT NEWS All Rights Reserved.
Published by GSJA City Blessing | Powered by Blogger.com