In the wake of hundreds of failed banks since the 2008 financial crisis, U.S. regulators reportedly have begun 50 investigations into possible wrongdoing by bank executives, directors and employees.
The Federal Deposit Insurance Corp. (FDIC) is looking into 300 failures of banks of all sizes in cities across the U.S., The Wall Street Journal reported late Tuesday. The agency is also stepping up…
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FDIC Launches 50 Criminal Investigations Into Failed Banks originally appeared on DailyFinance on Wed, 17 Nov 2010 16:00:00.