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Financial Crimes Unit

President Obama Needs to Get Serious About the Financial Crimes Unit

Becky Bond | Posted 06.09.2012 | Politics
Becky Bond

President Obama needs to give the Department of Justice task force the resources required to launch a serious investigation that will bring about real accountability before the statutes of limitations run out for Wall Street's crimes.

Let Them Eat Task Forces

Charles Ferguson | Posted 04.05.2012 | Business
Charles Ferguson

Over the intervening three years, what did Obama do? Well, we got a stimulus package, and then a year later an absurdly complicated new law that addressed everything except the most important issues. And that's about it.

New Obama Unit Co-Chair Talks 'Too Big To Fail'

The Huffington Post | Luke Johnson | Posted 01.30.2012 | Politics

WASHINGTON--New York State Attorney General Eric Schneiderman discussed his new role as co-chair of a Financial Crimes Unit Sunday on "Up With Chris H...

Sunday Roundup

Arianna Huffington | Posted 03.29.2012 | Politics
Arianna Huffington

This week, while in Davos for the World Economic Forum, I watched President Obama deliver what was a great State of the Union speech... for 2009. Proposing the establishment of a financial crimes unit in January 2012 is like waiting three years before sending firemen to the scene of an inferno. The speech was full of good proposals that will never happen in a year dominated by electioneering. The president's pre-speech embrace with Gabby Giffords took me back to last January, and that horrific Saturday in Tucson -- a tragedy that led to widespread agreement that what we needed as a country was, as Pima County's Sheriff Clarence Dupnik put it at the time, "a little soul searching." Unfortunately, in the year since then, our collective soul has gone largely unsearched -- and the gulf between our leaders' rhetoric and the reality millions are struggling with everyday has continued to widen.

Loren Berlin

Details Emerge of New Financial Fraud Unit | Loren Berlin | Posted 03.27.2012 | Business

The new financial crimes unit announced by President Barack Obama during Tuesday's State of the Union address will have the power to investigate mortg...

Loren Berlin

Creation Of Obama's New Financial Fraud Task Force Feels Like 'Groundhog's Day' To Some | Loren Berlin | Posted 02.24.2012 | Business

The announcement that President Barack Obama would create a task force devoted to cracking down on financial fraud comes comes just three years after ...