Monday, April 7, 2014

Lawsuit

"A federal judge recommended letting the U.S. Securities and Exchange Commission pursue a lawsuit against Bank of America Corp over $855 million of mortgage securities that soured during the global financial crisis."

All these lawsuits are amazing and the fines these banks are paying for committing fraud (fraud yes FRAUD), yet no single person is being held accountable. Were the CEO's sleeping at the wheel? Or just getting off with no responsibility what-so-ever?