It’s been five years since the 2008 financial crisis -- which led to America’s worst economic downturn since the Great Depression of the 1930s -- and the Securities and Exchange Commission is still sorting out the financial mess. The long-term consequences of the recession aren’t yet known, but the immediate fallout threw 5.5 million people out of
5 Years After The Crash, Financial Fraudsters Still Walk Free
Although the SEC has fined banks with billions in penalties, it might not be enough to deter would-be financial criminals in the future.