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View Diary: OK, it's not Wall Street (11 comments)

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  •  Taylor, Bean & Whitaker Corp isn't considered.. (0+ / 0-)

    all of a piece - wall street?
    Fact or fiction? No one on Wall Street went to jail for financial crisis

    A recurring theme among Occupy Wall St. protesters and some Democratic politicians (see this massively popular Tumblr image mashup) is that no financial industry types have gone to prison for the malfeasance that led to the financial crisis.

    Christian Science Monitor considers them to be. A conservative outfit challenging the #OWS movements' claims

    .Lee B. Farkas, former chairman of Taylor, Bean & Whitaker Mortgage Corp., got 30 years in prison and was ordered to forfeit $38.5 million, for his role in a $3 billion scheme to rip off banks through the sale of fake mortgage assets.
    Maybe I just don't get your point. :/

    Or: Our congress, SEC &/or FBI..or any other instituion who's job it was to stop this robbery should have picked this up and done their job? I agree wholeheartedly if that's what you mean.

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