The FDIC proudly says it's stepping up its efforts to bring criminal charges against former...

|By:, SA News Editor

The FDIC proudly says it's stepping up its efforts to bring criminal charges against former execs of failed banks, and to use civil litigation to recover money. Its track record hasn't been great: Despite 300+ bank failures since 2008, not a single high-profile banker has been charged and just two civil lawsuits have been filed.