Invstigators probing how Treasury regulators allowed a bank to falsify financial records hiding its ill health found at least three other instances of similar apparent fraud.... In at least one instance, investigators say, banking regulators actually approached the bank with the suggestion of falsifying deposit dates to satisfy banking rules -- even if it disguised the bank's health to the public....
Following
, Dochow was demoted and placed into a relatively obscure office, but later, inexplicably was brought back into the Office of Thrift Supervision....
While Dochow could end up losing his job, neither he nor his colleagues are expected to go to prison.
"This is criminal with a small 'c," said Black. "No one within the regulatory ranks may go to jail...."
http://abcnews.go.com/Blotter/Economy/Story?id=6658365&page=1------------------------
Despite all the other scandals, I'm starting to think that the root of all the Bush admin evil was conducted in the Treasury....
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
