The problem is these two have cost countless people their homes and countless people their savings.
There are malicious crimes of the body, but the ones that are generated in this sort of manipulation are worse. One murder is one person, but these two are responsible for harming thousands and thousands. The reverberations from the mortgage crisis are ongoing and will continue into the future. So in this sense, their crimes have still not yet maturated.
I would be willing to bet that the pressures on some people from the loss of home or savings have pushed them into taking their own lives.
Bear Stearns execs among 400 charged in US mortgage fraud
In an indictment unsealed in New York, the former Bear Stearns executives, Ralph Cioffi and Mathew Tannin, were charged with conspiracy, securities fraud and wire fraud. Cioffi was also charged with insider trading.
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