In Past Financial Crises, Fewer Pursued In Courts

from National Public Radio
August 18, 2011

News of the investigation of Standard and Poor's is remarkable because the financial mess of 2008 has resulted in so few prosecutions or civil suits compared to past financial disasters. To explain what was different this time, Robert Siegel speaks with William Black, a professor at the University of Missouri - Kansas City. Black was litigation director of the Federal Home Loan Bank Board.

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