financial amnesty
An abandoned house in Florida , a victim of the subprime crisis . | AP
In an article dated 12 November widely circulated on the Internet entitled " Why Have No High Level Executives Been Prosecuted in Connection With the Financial Crisis ? " U.S. Judge Jed Rakoff raises the question of why no banker has been prosecuted as a result of the subprime crisis , these risky mortgages , started in 2007 , while 800 of them were after the crisis of American savings banks in the 1990s.
Judge Rakoff stressed that there will soon prescription for acts committed and recalls that the report published in January 2011 by the Financial Crisis Inquiry Commission , a bipartisan parliamentary inquiry commission created by President Barack Obama evoked 157 times facts of fraud.
