Bank Fraud Prosecution Continues to Drop under Obama

November 16, 2011 11:45am by Barry Ritholtz

In such a target rich environment, how on earth is it possible that Bank Fraud prosecutions are dropping? It is an outrage!

I bitched about this when George W. Bush was President, and I will continue until we get someone in the White House who understands what the RULE OF LAW actually means . . .

Previously:
Security Fraud Prosecutions Down 87% Since 2000 (December 25th, 2008)

Failing to Prosecute Wall Street Fraud Is Extending Our Economic Problems (December 15th, 2010)

Bush/Obama Fraud Prosecutions Down 39% Since 2003 (May 25th, 2011)

Sources:
Criminal Prosecutions for Financial Institution Fraud Continue to Fall
TRAC Reports, Inc.

Prosecutions for Bank Fraud Fall Sharply
CATHERINE RAMPELL
Economix, November 15, 2011

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