Posted on04 December 2011. Tags: 60 minutes, angelo mozilo, bank of america, CitiGroup, countrywide, Eileen Foster, employees, fcic, Financial Crisis Inquiry Commission, foreclosure fraud, investigation, James Jacoby, mail fraud, michael hudson, mortgage, Steve Kroft, THE SARBANES-OXLEY ACT OF 2002, Tom Borgers, U.S. Department of Labor, wall street, whistleblower, wire fraud
Two high-ranking financial whistleblowers say they tried to warn their superiors about defective and even fraudulent mortgages. So why haven’t the companies or their executives been prosecuted? Steve Kroft reports.
Read Story: Prosecuting Wall Street
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