What about the fraud that led up to the GFC -- pre-TARP? I think that's what peo... | Hacker News

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		dpkirchner 14 days ago \| parent \| context \| favorite \| on: Ex-CEO, ex-CFO of iLearningEngines charged with fr... What about the fraud that led up to the GFC -- pre-TARP? I think that's what people meme about.

bandrami 14 days ago [–]

The TARP investigations jailed people for that; that was it's main purpose. Taking the funding window required an audit, and people either lied on the audit (and got busted for that) or admitted to illegal lending or valuation on it (and got busted for that)

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