9/18/2011 - “This Is The Greatest Financial Crime In The History Of The World And No One Senior, At Any Of The Major Places That Drove The Crisis, Has Gone To Jail”

Source: Washington’s Blog


Largest Financial Crime In History
William K. Black – professor of law and economics, and the senior S&L prosecutor – saidyesterday:

This is the greatest financial crime in the history of the world and no one senior, at any of the major places that drove the crisis, has gone to jail?
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Unless something dramatic or radical changes, this is going to be the greatest case of elite fraud with impunity in the history of the world. And it is only going to change if we express our outrage as the people and demand that it is changed.

For background, see this, this, this and this.