Wall Street Banks

Obama Admin Prosecutes Zero Wall Street Executives Despite Crisis Fraud

| Importance: 8/10

Despite widespread evidence of fraud in the 2008 financial crisis, the Obama administration prosecuted zero major Wall Street executives, contrasting starkly with the Savings and Loan crisis when 1,706 bankers were sent to prison. Instead, the DOJ pursued civil settlements totaling tens of billions, …

Eric Holder Department of Justice Wall Street Banks Lanny Breuer Covington & Burling financial-crisis wall-street impunity revolving-door too-big-to-fail
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