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.
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