Great Mortgage Scandal Cover Up
There are now two layers to the sub-prime mortgage scandal that brought down our economy; those who committed the act and those who are covering it up. Why are the culprits not being required to pay compensation to those whose net worth was drastically reduced as a result of the reckless profiteering by Wall Street and large commercial banks? It is disturbing there was no significant investigation and criminal or civil action against individuals and organizations that contributed to the housing crisis and thus our economic collapse. The fines assessed against some entities are looked at as "a cost of doing business". Some of the individuals who have been looking the other way held, and presently hold, senior positions in our government. Is there a conspiracy to cover up any wrong doing on the part major banks, wall street firms and their employees? The individuals needing to supply answers include: