PLANET OF THE CHIMPS #2

Tuesday, December 27, 2011

7 of the Nastiest Scams, Rip-Offs and Tricks From Wall Street Crooks

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How many high-level Wall Street players have been put in jail for the crimes that led to the financial crisis? Not. Even. One.

1.Fraudclosure/Robosigning

2.Pushing Subprime Loans

3.Betting Against Designed-to-Fail Bonds

4.An “Epidemic” Of Mortgage Fraud

5.Ratings Agencies Gave AAA to CDOs

6.Banksters Who Made Out Like … Bandits

7.Insiders Profiting From Being … Insiders


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Chimp at 8:11 AM
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