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It Begins: FDIC Has 50 Criminal Probes Into Executives At Failed Banks

According to WSJ, the FDIC is conducting about 50 criminal probes into executives at failed banks.

In an interview, Fred W. Gibson, deputy inspector general at the FDIC, which works with the Federal Bureau of Investigation to investigate crime at financial institutions, said the probes involve failed banks of all sizes in cities across the U.S. The FDIC is also ramping up civil claims to recover money from former bankers at busted lenders. He declined to identify any of the people or banks under investigation.

"We anticipate results from our investigations, although we cannot predict when a particular case will reach a stage at which disclosure of specifics would be appropriate," Mr. Gibson said.


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Confiscate all these bankers' personal assets, right down to their underwear, as "criminal gain".
Just like they do to us.

I don't think they have underwear.

All those "naked shorts" you hear about..

I want video of a perp walk - a face and name everyone will recognize.

Love or fear? Choose again with every breath.