FYI: Why didn’t any Wall Street CEO go to jail after the financial crisis? It’s a question we were frequently asked throughout our reporting of the 10-year anniversary of the financial crisis. The financial crisis of 2008 altered so many lives: Millions of people lost their homes, their jobs and their savings. It set off a recession that collectively destroyed over $30 trillion of the world’s wealth. And though the crisis grew out of big banks’ handling of mortgage-backed securities, no Wall Street executive went to jail for it. So what happened?
Regards,
Ted
https://features.marketplace.org/why-no-ceo-went-jail-after-financial-crisis/
