Tuesday, December 23, 2008

Bank Regulator Let Banks Falsify Reports

A senior federal banking regulator approved a plan by IndyMac Bank to exaggerate its financial health in a May federal filing, allowing the California company to avoid regulatory restrictions only two months before it collapsed, a federal inquiry has found.

read more | digg story

No comments:

3-29-2026

  Pentagon preparing for weeks of ground operations in Iran, Washington Post reports White House App Found Tracking Users' Exact Locatio...