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4 Reasons Why the S&P Fraud Lawsuit May Be a Game-Changer
The Justice Department alleges Standard & Poor's, the nation's largest credit ratings agency, knowingly understated the risk behind many of the financial products that caused the subprime mortgage meltdown.
February 5, 2013
Senators Ask DOJ: Is Wall Street Really "Too Big to Jail"?
Senators Sherrod Brown (D-Ohio) and Charles Grassley (R-Iowa) want to know whether the DOJ avoided prosecuting banks in order to protect financial markets.
January 29, 2013
Eric Schneiderman: Mortgage Task Force Eyeing Broader Suits
The appetite is growing for cases that address systemic fraud during the financial crisis, says the co-chair of the Obama administration's Mortgage-Backed Securities Working Group.
January 28, 2013
Did Wall St. Get Away With It? Live Chat Wed. 2 pm ET
Join us for a live chat on "The Untouchables" with producer Martin Smith and New York Times DealBook reporter Peter Eavis at 2pm ET on Wednesday, January 23rd. You can leave a question now.
January 22, 2013
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