Government Finally Arrests Bankers for Mortgage Meltdown

MINYANVILLE ORIGINAL A 184-count indictment handed down yesterday marks the first -- and as yet only -- criminal charges filed against a group of bankers for falsifying mortgage documents "so that they could earn commissions and fees by ensuring that otherwise unqualified borrowers would receive loans." The fraudulent loans were then sold to Fannie Mae (FNMA.OB) after which they were...