Are Wall Street Execs Getting Off Easy for Committing Fraud?

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Are Wall Street Executives Getting Off Easy for Committing Fraud?Federal Judge Jed Rakoff is still considering Citigroup's latest settlement of fraud charges brought by the Securities and Exchange Commission. It follows a familiar pattern — for Goldman Sachs, Morgan Stanley, JP Morgan Chase, Bank of America —and for Citigroup itself. But for corporate executives there's no shame and no pain. We hear how the latest case against Citigroup fits into a troubling pattern.




Warren Olney