The Ticker
President Obama is taking friendly fire over mortgage fraud issues
2/15/13 2:38pm
The Obama administration has talked a good game about prosecuting mortgage fraud, but has done little to demand actual change on Wall Street. David Dayen from Salon reports that a 'task force' set up to examine problems in the packaging of residential-mortgage-backed securities during the bubble years isn't the independent organization it claims to be. "There are no offices, no phones, and no staff dedicated to the non–task force," Dayen writes.
