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Expert Analysis

The Most Unlikely Financial Crisis Fall Guy

Law360, New York ( February 28, 2013, 10:31 AM EST) -- Since the financial collapse of 2008, the people have been searching for someone or something to blame. Some focused on icons of impropriety like Bernie Madoff; others, like the Occupy Wall Street protesters, focused on a far broader system of inequality. And while there was a generalized anger directed at bankers and traders, there was little focus on specific banks. To the bewilderment of many observers, federal and state prosecutors never targeted any of the large financial institutions that caused the crisis—to the contrary, those institutions benefited from a massive bailout plan and partnered with the government....

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