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Too Big To Jail? The Top 10 Civil Cases Against the Banks

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opednews.com Headlined to H2 1/23/13

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The Justice Department's initial response to the financial crisis did not take long to materialize. In June 2008, three months before the Lehman Brothers collapse, the department brought its first criminal case, charging two former Bear Stearns executives with securities fraud for their alleged roles inflating the housing bubble. A little more than a year later, a jury found the executives not guilty, dealing the DOJ an early setback. Since then, government investigations into the crisis have almost exclusively centered on civil charges, which requires prosecutors establish guilt beyond a preponderance of the evidence. The bar is higher in criminal cases, requiring they prove guilt beyond a reasonable doubt. Here are 10 of the most prominent of those cases to date. In nearly all, the government won multi-million dollar settlements...

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Jamie Dimon's defence of bankers won't fly http://... by Deborah Dills on Wednesday, Jan 23, 2013 at 9:54:47 PM
A fine equaling less than the profit taken during ... by Malcolm Chaddock on Friday, Jan 25, 2013 at 11:25:08 AM