The announcement that President Barack Obama will make the task force intended to crack down on financial fraud came came just three years after he announced the different fraud task force, leaving many people in the Community rule of scratching my head.
“See what’s happening with WorldCom. … People who commit fraud at companies they own, and still they go to jail for what they are doing, “said a prominent securities lawyer who wished to remain anonymous, refer to the fate of CHIEF EXECUTIVE OFFICER Bernard Lehmann and other WorldCom executives. In comparison, “this financial shenanigans have ramifications far beyond any one company, and these people are still walking around free,” said the lawyer. “There’s not much effort on Wall Street or one of these people are the other responsible.”