Finally, Wall Street gets put on trial: We can still hold the 0.1 percent responsible for tanking the economy

Here’s a fascinating story about the prosecution of people who defaulted on liar loans they obtained in 2006.

The U.S. Attorney accused of them of mortgage fraud, and the defense attorneys – some appointed by the state – made the case that banking executives intended to make fraudulent loans.

The defendants were acquitted.

Click on the link below for the full story:

http://tinyurl.com/kot6d4a

Hat tip to daytrip!

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