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:

6-29-2026

Mail ballot remark by USPS chief raises voting rights concerns   Canceled solar megaproject reveals new Trump-era threat to renewables Trump...