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Where Are The Prosecutions? SEC Lets Citi Execs Go Free After $40 Billion Subprime Lie

By Zach Carter
July 30, 2010

What is the penalty for bankers who tell $40 billion lies? Somewhere between nothing and a rounding-error on your bonus. more »

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Why Is It So Hard To Hold Wall Street Accountable?

By Zach Carter
April 9, 2010

The Financial Crisis Inquiry Commission hearings continue to be a boring mess, peppered with a few moments of significant insight. Throughout most of yesterday's hearing featuring the nation's top bank regulator, Comptroller of the Currency John Dugan, Commissioners treated their witness as a credible expert, rather than a culpable catalyst of the crash. more »

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