New Team To Probe Mortgage, Banking Fraud
New Team To Probe Mortgage, Banking Fraud
npr.org — National Public Radio's Chris Arnold quoted Campaign for America's Future's co-director Robert Borosage in a story about a new taskforce to investigate wall street.
"The consumer groups, along with some economists, don't want to see the states give up their right to prosecute Wall Street more aggressively. They worry the settlement might absolve mortgage companies, banks and executives of wrongdoing.
"Consumer advocate Robert Borosage, with the Campaign for America's Future, said: `It would be like granting amnesty to an alleged bank robber before you really investigated to find out if he robbed the bank and how much money he stole.'"


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