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Monday, October 24, 2011

Should Some Bankers Be Prosecuted?

Should Some Bankers Be Prosecuted?

Jeff Madrick and Frank Partnoy

Federal agencies have launched few serious lawsuits against the major financial firms that participated in the collapse, and not a single criminal charge has been filed against anyone at a major bank. The federal government has been far more active in rescuing bankers than prosecuting them.

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