Why Financial Crisis Cases Against Wall Street Execs Veered Off Target

By Ed Beeson | July 15, 2016, 6:28 PM EDT

Missing the Bull’s-Eye Why Financial Crisis Cases Against Wall Street Execs Veered Off Target

By Ed Beeson

July 16, 2016 For nearly two years, the Justice Department stood tall with its $1.27 billion victory over Bank of America and one of its former executives, a prize for winning one of the most high-profile trials tied to the financial crisis. But that victory — a feat both for the size of the award and inclusion of an individual executive — was recently transformed into a defeat, leaving...
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