Relevant:
- Prosecutors Suspect Repeat Offenses on Wall Street (+MAY DO SOMETHING ABOUT IT(!))
- Angelo Mozilo Will Not Face U.S. Charges for Mortgage Fraud
- UPDATE 2-Bank of America seeks U.S. mortgage bond lawsuits dismissal
- TIME Asks “Will Bankers go to Jail for Foreclosure-gate?â€
- Mortgage-related Cases May Cost US Banks up to $105 Bln More:S&P
2013-07-18 — businessinsider.com
``The official said federal authorities are finding new evidence they say indicates intent to commit fraud over the packaging and sale of mortgage bonds backed by subprime home loans in some of the civil lawsuits plaintiffs' lawyers have filed against large banks.
And they are exploring whether they can build criminal cases against bankers by using a 1984 law intended to punish individuals for scamming commercial banks.''
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