12.07.2015 Views

Financial Fraud during the 80's and 90's (PDF Version) - LFIP

Financial Fraud during the 80's and 90's (PDF Version) - LFIP

Financial Fraud during the 80's and 90's (PDF Version) - LFIP

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LOSSES TOTALED $500BILLION• What amount due to fraud?• What has been Congress’ reaction to fraudon investors over <strong>the</strong> last decade?• Why is this?• One result of FIRREA: FSLIC bites <strong>the</strong>dust

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