Looking for Scalps: DOJ Seeks to Punish Bank Executives for Financial Crisis
In the aftermath of the financial crisis, and the growing number of bank failures — approximately 350 during the last 3 years — there has been an outcry from the public, politicians, regulators and law enforcement calling for criminal prosecution of executives from these failed banks. They cite the aggressive criminal prosecution of executives (approximately 1800 criminal cases) from the failed savings and loan crisis...