NEW YORK (Reuters) - Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders. David Higgs, 42, and Salmaan Siddiqui, 36, pled guilty in U.S. District Court in New York to a criminal charge of ...
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Analysis: Obstacles high for more mortgage prosecutions
Posted by mortgage 110 days ago (Editorial)
NYT: In financial crisis, no major prosecutions
Posted by mortgage 389 days ago (Editorial)
New York Times: In aftermath of financial crisis, no senior executives of major financial institutions have been charged, and a collective government effort has not emerged.
In Financial Crisis, No Prosecutions of Top Figures
Posted by mortgage 389 days ago (Editorial)
Several years after the financial crisis, no senior executives of major financial institutions have been charged, and a collective government effort has not emerged.
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