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Wall Street Prosecutions

'Moral Moral Hazard,' the SEC and the Restoration of Wall Street Values

Michael A. Santoro | Posted 09.01.2013 | Business
Michael A. Santoro

A big reason behind the continuing mentality of denial with respect to questions of ethics on Wall Street is quite simply that Wall Street has been able to buy off any finding of culpability.

Senators Demand Answers About 'Untouchable' Wall Street Criminals

Dan Petegorsky | Posted 04.01.2013 | Business
Dan Petegorsky

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.

WATCH: 'Frontline' Producer Previews Wall Street Fraud Investigation

HuffPost Live | John Stephens | Posted 01.22.2013 | HuffPost Live 321

Martin Smith, producer of the new PBS Frontline episode, "The Untouchables," joined HuffPost Live Tuesday to discuss his investigation into the lack o...

Matt Sledge

Karl Rove Latest In Long Line Of Bad Actors To Escape Accountability

HuffingtonPost.com | Matt Sledge | Posted 11.20.2012 | Politics

Despite burning through some $390 million worth of GOP donors' fortunes, Karl Rove is still very much poised to be a central player in the Republican ...

Taibbi: Wall Street Has 'No Fear Of Individual Punishment'

The Huffington Post | Harry Bradford | Posted 08.24.2012 | Business

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,...

As the Rot Spreads: Holder, Don't Hold Back

Mike Lux | Posted 09.09.2012 | Politics
Mike Lux

We are left with one thing we could do now to go straight at the heart of darkness: prosecute these bankers. The president, to his credit, set up a task force to do just that. So why doesn't anything seem to be happening?

Obama's Populism and the Ghost of Teddy Roosevelt

Richard (RJ) Eskow | Posted 02.05.2012 | Politics
Richard (RJ) Eskow

This morning Barack Obama channeled one of American history's truly transformative figures by visiting the tiny Kansas town where Teddy Roosevelt gave his "New Nationalism" speech over a century ago.

Bipartisan Senators Indict Wall Street, Media Yawns. Six Guys Push Stale Deficit Hype, Media Goes Wild

Richard (RJ) Eskow | Posted 06.18.2011 | Media
Richard (RJ) Eskow

It should have been the lead story from coast to coast: A bipartisan panel of senators released a damning report that slammed bankers, regulators and ratings agencies. Yet the media responded with a collective yawn.

Sam Stein

White House Chief Of Staff Pressed About Lack Of Jail Time For Wall Street Culprits

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

WASHINGTON -- White House Chief of Staff Bill Daley declined on Sunday to bring the president into the debate over why no major player in the collapse...

Shahien Nasiripour

Financial Crisis Prosecutions On Wall Street Slow To Develop Despite Cries For Justice

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

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...

Handcuffs for Wall Street, Not Happy-Talk

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

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.

Where Are the Prosecutions? SEC Lets Citi Execs Go Free After $40 Billion Subprime Lie

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

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

Wall Street Reform: Five Key Fights After the Bill Is Signed

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

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.