The May 2013 Financial Crimes Enforcement Network reported that suspicious activities for financial fraud in America began to dip after the market collapsed in 2008 (Issue 23, p. 17).
That's the good news.
The bad news is that it's still higher than it was in 2005 or 2006, and considerably higher than was the case 10 years ago.
The good news from this? People have been thrown in jail after the market collapsed in 2008. The bad news? Over 7,700 Wall Street protesters have been thrown into jail, while the executives and bankers who run the big Too Big to Fail biggest institutions have gotten a pass.
- Mark
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