Courtesy of Karl Denninger of The Market Ticker
4 1/2 years down the road with me pounding the table almost on a daily basis, and we have…
Borgers tells Kroft that the FCIC found evidence of trillions of dollars of fraud and gross negligence, and that in the area of mortgage fraud, he found crimes committed by "mortgage originators, underwriters, banks . . . across the board." Yet still, no prosecutions . . . so far.
That’s the bottom line…. so tell me…. do you still believe that The Government is not intentionally involved in covering this up and keeping the people who should be in prison from facing the music for their crimes?
Here’s the original segment and link to it.
