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Edwynn -> RE: UK Fraudsters jailed in US. (7/23/2013 9:25:47 PM)
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I'm glad this happened, but it's a bit tougher to nail people who have done more damage than these fellows, if they work within a larger scheme, such as the banks.
My fondest hope is that this criminal pursuit is laying the ground work for much needed larger-scale pursuit of the US fraudsters, too.
Australia has brought charges of fraud against the rating agencies (Moody's, S&P, Finch), and then, amazingly enough, the US has brought even more serious charges since to the same group.
The US media give a onetime announcement on this, then we never hear anything further.
In any case, I don't mean to throw a wet blanket on this. It's good news, and some cause for a bit of cautious optimism in any event.
Thanks for the post.
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