Financial Crisis Commission Has Found And Recommended Cases For Prosecution On Wall Street

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It’s been one of the enduring questions of the crisis: Where are the perp-walks?

There have been a few, but given the magnitude of the crisis, it’s been a shock that there haven’t been more.

According to Shahien Nasiripour at HuffPo, the Financial Crisis Inquiry Commission — which is due to release its huge report on Thursday morning — has indeed found instances that warrant prosecution.

The key is that the FCIC has in fact referred specific instances to state and federal authorities for prosecution — most likely civil, but also criminal.

Read more at HuffPo >

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