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The jury in a mortgage case finally strikes back at fraudulent bankers
The jury in a mortgage case finally strikes back at fraudulent bankers

Given the government's failure to bring criminal cases against bankers and other Wall Street figures for collapsing the U.S. economy in 2008, it's been left to the little guy to strike back.  To be precise, one federal jury in Sacramento, which acquitted four allegedly fraudulent mortgage borrowers of criminal charges after hearing testimony that the executives at their banks pulled out all the stops to make fraudulent loans for their personal profit. We're a bit late to this story--the verdict was handed up at the end of August, Salon's Thomas Frank had a good analysis of the case a few weeks ago. But because of its potential significance for mortgage fraud...

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