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January 5 2010

"After the Savings and Loan crisis of the late 1980’s, there were more than 1,000 felony indictments of senior officers. Recent fraud is much more widespread and costly. The consequences are much greater. Congress needs to fund investigations. Regulators need to get tough on crime."

Janet Tavakoli: Washington’s Bipartisan Betrayal: The 2015 Global Financial Crisis (via quotingthecrisis)

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