Where are the criminal indictments?
SEC Charges Former Mortgage Lending Executives With Securities Fraud
The Securities and Exchange Commission today charged three former senior executives at IndyMac Bancorp with securities fraud for misleading investors about the mortgage lender’s deteriorating financial condition....
The SEC alleges that former CEO Michael W. Perry and former CFOs A. Scott Keys and S. Blair Abernathy participated in the filing of false and misleading disclosures about the financial stability of IndyMac ...
Abernathy agreed to settle the SEC’s charges without admitting or denying the allegations.
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