As the foreclosure crisis deepens, the calls for criminal charges against the big banks have steadily mounted. The whole reason laws are created are to prosecute criminal acts such as those carried out by JP Morgan, Citigroup and Bank of America.
Apparently their are some who believe that Congress will actually pass a law sanctioning bank fraud. Senior CNBC editor John Carney has predicated that Congress will pass a bill in the lame duck session that would do just that.'
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