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Tuesday, January 25, 2011

What, No Financial Crisis Indictments?

Criminal indictments of people considered responsible for the current financial crisis are "unlikely."  

A New York Times report indicates that civil cases, but no criminal charges, are to be expected for the wrongdoing in connection with the subprime mortgage crisis, credit crunch and other financial disasters that occurred from, say, late 2007 to the present.

Eric Dixon is a New York lawyer and investigative consultant who advises businesses, individuals, nonprofits and political organizations on legal, strategic consulting and crisis management matters.  Mr. Dixon can be reached for comment or consultation at edixon@NYBusinessCounsel.com or by phone at 917-696-2442.


 

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