Big Banks
-
Prosecuting Wall Street
•
1 min read
News of Note: 60 Minutes: Prosecuting Wall Street ” Two whistleblowers offer a rare window into the root causes of the subprime mortgage meltdown. Eileen Foster, a former senior executive at Countrywide Financial, and Richard Bowen, a former vice president at Citigroup, tell Steve Kroft the companies ignored their repeated warnings about defective, even fraudulent…