10 years ago
Federal judge asks: Why haven’t any top executives been prosecuted for financial crisis?
As the five-year statute of limitations nears for crimes that led to the Great Recession, a federal judge wants to know why no high-level executives have been prosecuted. U.S. District Court Judge Jed Rakoff said he could not be sure whether intentional fraud was committed in any particular case, but he pointed out that government agencies had found significant evidence to suggest wrongdoing in their own investigations.
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