Monday, December 05, 2011

Ex-Countrywide Exec Blows The Lid Off The Systemic Fraud At The Company

Ex-Countrywide Exec Blows The Lid Off The Systemic Fraud At The Company
This is not news, of course. You can read about it any of six or seven books, such as Matt Taibbi's Griftopia and Michael Lewis' The Big Short. But I guess for people who just watch TV it is news. The big question is why hundreds of these crooks aren't doing time in a federal prison. Until that happens nothing will change.

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