Ohio AG seeks Wall St. tie to subprime fraud

Ohio’s attorney general said on Tuesday he won’t hesitate to file civil racketeering charges against Wall Street investment banks if his investigation finds they had a hand in fraudulent subprime lending.

While this seems a bit tentative, no doubt there are some uneasy investment bankers on Wall Street today. As well there should be. More than a few mortgage brokers have been going to prison for their roles in the frauds, it’s time investment bankers did too.

4 thoughts on “Ohio AG seeks Wall St. tie to subprime fraud

  1. More conspiracy theory perhaps? It’s all a plot by radical left-wing Christian eco-terrorist anarchist Republicans to bring down the established order and install Smokey the Bear as Czar!

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