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It’s Time the Bad Guys Pay for the Financial Meltdown: Bring On the Class Actions!

by Abigail Field on Jan.29, 2011, under Towing

Financial Meltdown Accountability: Bring On the Class Actions!

The Financial Crisis Inquiry Commission’s report concludes that ineffective regulators and big banks were the primary causes of the financial meltdown. Next stop: Government and class action lawsuits to recoup some of what we all lost, and (please please please) criminal charges against the worst offenders too.

Continue reading It’s Time the Bad Guys Pay for the Financial Meltdown: Bring On the Class Actions!

It’s Time the Bad Guys Pay for the Financial Meltdown: Bring On the Class Actions! originally appeared on DailyFinance on Sat, 29 Jan 2011 09:00:00.

Filed Under: Columns, Economy, Investing, Real Estate, Credit

:@aoloriginal, banks, class action, class action lawsuit, Columns, Credit, criminal, criminal charges, Department of Justice, DOJ, economy, financial crisis, financial crisis inquiry commission, foreclosure crisis, foreclosures, homeowners, Investing, lawsuit, Mortgage Electronic Registration Systems, Real Estate, real estate crisis, Regulators, report, Securities and Exchange Commission, securities fraud, securitizations

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