Federal investigations always take forever.

It's a real problem at this point. People still say "nobody went to jail for the GFC" even though over 200 people did in the US; it's just it took a decade and nobody actually paid attention a decade later when they went to jail.

▲

dghlsakjg an hour ago | parent | next [-]

For a multi-trillion dollar fuckup involving an entire industry... that seems low.

	▲	bandrami an hour ago \| parent \| next [-]
		TARP still has active IGs; if you know of criminal activity they missed you can report it to them.
	▲	vkou an hour ago \| parent \| prev [-]
		The pain was multi-trillion, but the original fraud that caused the collapse wasn't.

▲

lupire an hour ago | parent | prev [-]

Fall guys.

Highest Profile Individuals Convicted Kareem Serageldin (Credit Suisse): Widely recognized as the only high-level Wall Street executive to serve prison time directly related to the GFC.

▲

bandrami an hour ago | parent | next [-]

No that's still about a decade out of date. TARP jailed IIRC 30 bank CEOs, it's just the cases took until 2017 or so and the meme had already implanted itself in people's brains. DoJ got so tired of people saying this that they put a database of all their convictions up but unfortunately it got DOGEd last year.

Many of the TARP convictions (the ones that involved the SEC) can still be found here, though:

https://www.sec.gov/enforcement-litigation/litigation-releas...

	▲	dpkirchner 4 minutes ago \| parent \| next [-]
		What about the fraud that led up to the GFC -- pre-TARP? I think that's what people meme about.
	▲	Esophagus4 13 minutes ago \| parent \| prev [-]
		Very cool website. Looking through a few of those examples, holy Jesus there is a lot of fraud out there. Fun read.

▲

an hour ago | parent | prev [-]

[deleted]