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Lax Agency (OTS) that Caused USA's Financial Meltdown Finally Hits the Dust
Original post made
by JL, Del Prado,
on Dec 14, 2011
The Office of Thrift Supervision (OTS) whose pathetic lax 'oversight' caused IndyMac, AIG, Washington Mutual to fail, initiating the economic meltdown of the US in 2008 and was the reason for the bank bailouts has officially been closed.
Where have all of these awful OTS staff that did not perform actual oversight or financial management governance of the industry go? Are they still somewhere in the government? I hope not!!!