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January 31, 2011

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Comments

Joe Jefferis

The legal bills are paid for these executives for the same reason Dodd-Frank legislatively paid Wall Street bonuses in 2009 with taxpayer money.

The financial crisis was avoidable, or put another way, deliberate and intentional. Fundamental change, creating a global financial crisis, came with a price tag.

How else could the Financial Stability Oversight Counsel (F-SOC) come into existence if not for the hard work and years of effort that went into perfecting the man created disaster?

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