The watchdog that didn’t bark
Reuters dissects the failure of the Federal judiciary to prosecute cases against the players in the mortgage meltdown. The documented record of law-breaking that the article exposes is damning, as is the lack of effort by the US Attorney’s Office to take any significant action.
Tags: Housing, Mortgage crisis, Politics
“Why there hasn’t been more robust prosecution is a mystery,” said Raymond Brescia, a visiting professor at Yale Law School