The FDIC has about fifty criminal investigations underway on failed banks. The bad thing is that criminal investigations of the banking collapse that do not lock up a goodly number of people from both the big banks and that nest of vipers known as Goldman Sachs will be rather incomplete. But you bet they'll find a few people who worked for some small-time banks in Georgia to throw into prison.
Two more of Bernie Madoff's associates have been arrested.
Thursday, November 18, 2010
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