Manufacturing Fraud: S and L vs. Subprime
Having chased down the first federal felons in the Savings and Loan crisis, it occurred to my friend Ian at The Standard that the parallel with the Subprime Mess was worth comparing.
If you’d like to see a rundown on this, go to
http://www.thestandard.com/news/2008/02/08/turning-bad-policy-fraud
and then comment either here, there, or both spots.