Hacker News Reader

Fall guys.

Highest Profile Individuals Convicted Kareem Serageldin (Credit Suisse): Widely recognized as the only high-level Wall Street executive to serve prison time directly related to the GFC.

View on HN

No that's still about a decade out of date. TARP jailed IIRC 30 bank CEOs, it's just the cases took until 2017 or so and the meme had already implanted itself in people's brains. DoJ got so tired of people saying this that they put a database of all their convictions up but unfortunately it got DOGEd last year.

Many of the TARP convictions (the ones that involved the SEC) can still be found here, though:

https://www.sec.gov/enforcement-litigation/litigation-releas...

Very cool website. Looking through a few of those examples, holy Jesus there is a lot of fraud out there.

Fun read.

I'm sad DOGE killed the TARP litigation database because there was some wild stuff on it

What about the fraud that led up to the GFC -- pre-TARP? I think that's what people meme about.

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)

Reply on news.ycombinator.com