For years now this has been DOJ's strategy: to rattle off the number of cases of "financial fraud" or "mortgage fraud" it has won, not a single one of which is the kind of case the public has been demanding.

Matt Taibbi has said it before and he’ll say it again: Wall Street bankers responsible for the financial crisis need to be punished. The problem is,...

NEW YORK -- After the last major banking crisis, some two decades ago, roughly 3,800 bankers were prosecuted and sentenced to prison terms, by the Jus...

When you steal a lot of money, you go to jail. Obama doesn't just need tough talk for Wall Street, he needs to prosecute the frauds that were committed, and explain them to the American people.

What is the penalty for bankers who tell $40 billion lies? Somewhere between nothing and a rounding-error on your bonus.

The Wall Street bill has much to be said for it, but the unfortunate truth is that it ducks several of the most critical reforms needed to protect our economy from banker abuse.