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This obscure government agency has a plan to put Wall Street CEOs in prison

October 26, 2016 /

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Since the 2008 financial crisis, one obscure federal agency has succeeded in doing what many thought was impossible: sending bankers to prison.

The agency has charged 85 bankers from across the country with a crime over the last few years and already sent 36 to prison. The former chief executive of Virginia’s Bank of the Commonwealth, who was accused of contributing to the 2008 financial crisis through the bank’s "brazen greed and dishonesty," was sentenced to more than 20 years.

By Renae Merle

Full Story: https://www.washingtonpost.com/news/business/wp/2016/10/26/this-obscure-government-agency-has-a-plan-to-put-wall-street-ceos-in-prison/?hpid=hp_hp-more-top-stories_sigtarp-1025am%3Ahomepage%2Fstory

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