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PDFNo criminal charges have yet been filed.
The U.S. is set to sue the top banks behind the ponzi scheme of selling worthless bundled securitized mortgages to investors. But where are the criminal charges for the fraud committed against ordinary home purchasers? Where are the criminal charges for the ongoing widespread fraud of robo-signed and subprime loans? Where are the criminal charges for illegal foreclosures? Where are the criminal charges for the widespread economic terrorism?
A civil suit for monetary damages by the US government, likely to be a drop in the bucket for these thieves, is nothing but smoke and mirrors and bad performance art, meant to appease the proletariat.
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