Posts Tagged ‘white collar crime’

Justice Department Reported To Be Gearing Up For Mortgage Fraud Prosecutions

Pigs fly! Barney Frank and I finally agree about something. Speaking about going after various fraudulent financiers Mr. Frank remarked, “Rules don’t work if people have no fear of them” What a revelation. The reason everyone up and down the mortgage chain as well as on Wall Street took the liberties they did was that the risk/reward […]