The behavior of Wall Street executives, investment bankers, the credit agencies, mortgage brokers, and other players in the recent financial meltdown was complicated, tangled, a confluence of many factors--and in the end, devastating to the financial and economic well-being of millions of Americans.
Kaufman describes the complexity and impact of Wall Street's actions on Americans.
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We have developed a cooperation program at the SEC where we can now offer reduced sanctions in exchange for insiders who come forward and provide us with information.
I think this is all the ability to know you just cannot have two different sets of rules for people, and if you are powerful and you have got money and you have got good accountants and good lawyers, you can get away with something that…
I do not want a single innocent person to go to jail or be criminally indicted for any reason.
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