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Blowing the Whistle on the Mortgage Bubble
Well before the 2008 financial meltdown, mortgage industry insiders discovered a ticking time-bomb that they say went up to the very top of Wall Street. What did they find? Who did they warn? And what happened to their warnings?
January 22, 2013
Too Big To Jail? The Top 10 Civil Cases Against the Banks
In nearly every major legal case to emerge from the crisis, government prosecutors have won multi-million dollar settlements, but companies and officials have not been required to admit wrongdoing.
January 22, 2013
Were Bankers Jailed In Past Financial Crises?
Not one Wall Street executive has been prosecuted for fraud related to the subprime crisis. How does that compare to past downturns?
January 22, 2013
Phil Angelides: Enforcement of Wall St. is "Woefully Broken"
The current system of enforcement in the financial services industry has done little to deter pervasive fraud, says the former chairman of the Financial Crisis Inquiry Commission.
January 22, 2013
Lanny Breuer: Financial Fraud Has Not Gone Unpunished
Prosecutors are holding Wall Street to account for the financial crisis, but success should not be measured solely by the number of convictions to date, says the head of the Justice Department's criminal division.
January 22, 2013
Ted Kaufman: Wall Street Prosecutions Never Made a Priority
The lack of high-level prosecutions from the financial crisis can be traced to the Obama administration's ambivalence to upset the banks, the former U.S. senator told FRONTLINE.
January 22, 2013
As Deadlines Loom for Financial Crisis Cases, Prosecutors Weigh Their Options
For more than four years, regulators have struggled to successfully prosecute a Wall Street bank or its executives for alleged misconduct during the financial crisis. Now, time may be running out.
January 22, 2013
New Study Finds Brain Damage in Living Ex-NFL Players
It's the first time researchers have identified signs of the crippling brain disease known as Chronic Traumatic Encephalopathy, or CTE, in living patients.
January 22, 2013
"Fraud Was ... the F-Bomb"
Well before the housing bubble burst, alarm bells were beginning to sound among key players in the mortgage industry: due diligence underwriters.
January 22, 2013
Court Rulings Set Parameters of WikiLeaks Suspect's Trial
PFC Bradley Manning's defense will not be allowed to introduce motive at his court-martial.
January 18, 2013
Mumbai Massacre Accomplice Sentenced to 14 Years in Prison
A federal judge Thursday sentenced a Chicago immigration consultant to 14 years in prison for his role in supporting the Pakistani terrorist group that worked with Pakistan's intelligence service to carry out the 2008 Mumbai attacks and plot a follow-up strike in Denmark.
January 17, 2013
Watchdogs Urge IRS to Investigate "Dark Money" Group
Two campaign-finance watchdog groups urged the IRS on Wednesday to investigate whether the nonprofit Western Tradition Partnership submitted false information to obtain its social welfare status in 2008.
January 16, 2013