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April 30, 2012

Grumbling grows on left over slow-going in Wall Street crisis investigations

“Roughly four years after the financial crisis hit, some on the left are wondering when, or even if, the Obama administration plans to pursue criminal prosecutions of the Wall Street figures that played a major role in the meltdown.”

“Top White House officials, including the president himself, have vowed the slow, steady work of investigations is underway, and that those who broke the law on Wall Street will ultimately be held accountable.”

” ‘Almost four years after multi-trillion losses from the largest Wall Street-created financial collapse since the Great Depression and the crooks are still running free.  That proves that the so-called mortgage fraud task force is a joke,’ said Dennis Kelleher, president and chief executive officer of Better Markets, a Wall Street reform group.”

” ‘It is just PR spin by people who want to sound like they are doing something while doing almost nothing at all… If the President is serious, then he has to order the Department of Justice and the FBI to put hundreds of senior, experienced agents and prosecutors on the job,’ Kelleher said.”

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Read full Hill article here.

 
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