Current Affairs

Why no Wall Street CEO went to jail after the financial crisis

“Millions of people lost their homes, their jobs and their savings during the financial crisis. The resulting recession destroyed over $30 trillion of the world’s wealth. Although the crisis grew out of big banks’ handling of mortgage-backed securities, no Wall Street CEO served time for it. So what happened? We spent the past year reporting on how the crisis changed America, and this was the question we were asked the most. On this special episode of Corner Office, we have the answer.”

Editor’s Note: There are 3 episodes in this series. You can listen to the first part at the link below.

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Source: Why no Wall Street CEO went to jail after the financial crisis

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