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Bank Fraud Prosecution Continues to Drop under Obama

Posted By Barry Ritholtz On November 16, 2011 @ 11:45 am In Bailouts,Legal,Regulation | Comments Disabled

In such a target rich environment, how on earth is it possible that Bank Fraud prosecutions are dropping? It is an outrage!

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I bitched about this when George W. Bush was President [2], and I will continue until we get someone in the White House who understands what the RULE OF LAW actually means . . .

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Previously:
Security Fraud Prosecutions Down 87% Since 2000 [2] (December 25th, 2008)

Failing to Prosecute Wall Street Fraud Is Extending Our Economic Problems [3] (December 15th, 2010)

Bush/Obama Fraud Prosecutions Down 39% Since 2003 [4] (May 25th, 2011)

Sources:
Criminal Prosecutions for Financial Institution Fraud Continue to Fall [5]
TRAC Reports, Inc.

Prosecutions for Bank Fraud Fall Sharply [6]
CATHERINE RAMPELL
Economix, November 15, 2011

http://economix.blogs.nytimes.com/2011/11/15/prosecutions-for-bank-fraud-fall-sharply/


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2011/11/bank-fraud-prosecution-continues-to-drop-under-obama/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/11/economix-15trac-custom1.jpg

[2] George W. Bush was President: http://www.ritholtz.com/blog/2008/12/security-fraud-prosecutions-down-87-since-2000/

[3] Failing to Prosecute Wall Street Fraud Is Extending Our Economic Problems: http://www.ritholtz.com/blog/2010/12/failing-to-prosecute-wall-street-fraud-is-extending-our-economic-problems/

[4] Bush/Obama Fraud Prosecutions Down 39% Since 2003: http://www.ritholtz.com/blog/2011/05/why-has-the-usag-dropped-the-ball/

[5] Criminal Prosecutions for Financial Institution Fraud Continue to Fall: http://trac.syr.edu/tracreports/crim/267/

[6] Prosecutions for Bank Fraud Fall Sharply: http://economix.blogs.nytimes.com/2011/11/15/prosecutions-for-bank-fraud-fall-sharply/

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