Anonymous ID: 24d436 May 8, 2018, 12:23 p.m. No.1339519   🗄️.is 🔗kun

Speaking of high profile case and New York…

Remember 2008…

'In Financial Crisis, No Prosecutions of Top Figures'

"It is a question asked repeatedly across America: why, in the aftermath of a financial mess that generated hundreds of billions in losses, have no high-profile participants in the disaster been prosecuted?

 

Answering such a question — the equivalent of determining why a dog did not bark — is anything but simple. But a private meeting in mid-October 2008 between Timothy F. Geithner, then-president of the Federal Reserve Bank of New York, and Andrew M. Cuomo, New York’s attorney general at the time, illustrates the complexities of pursuing legal cases in a time of panic.

 

At the Fed, which oversees the nation’s largest banks, Mr. Geithner worked with the Treasury Department on a large bailout fund for the banks and led efforts to shore up the American International Group, the giant insurer. His focus: stabilizing world financial markets."

https://www.nytimes.com/2011/04/14/business/14prosecute.html