On the recordApril 12, 2010
Banks that find out about high rates of fraud affecting their loans and then do not do anything about them is emblematic of how banks contributed to the financial crisis
Source
congress.govCarl Levin: “Banks that find out about high rates of fraud affecting their loans and then do not do anything about them is emblematic…”
Editor's note · Context
Levin criticizes banks for ignoring fraud that led to the financial crisis.
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