Prosecutors Lining Up Financial Crisis Charges

By David Benoit

It has been over three years since the infamous Autumn of 2008, and for much of that time calls have rung out from Congress, media members and activists to criminally charge the Wall Streeters that seemed to have taken advantage of what was, in hindsight at least, an incredibly gullible mortgage system.

Though there have been earlier charges filed, like the case that failed against Bear Stearns hedge fund executives and other charges against smaller banks, those clamoring for penalties have wanted bigger fish reeled in.

Today, prosecutors are about to deliver some fish that carry the brand-name cache many have wanted.

Read the rest here.