WASHINGTON: Five years after the US financial crisis forced the massive government TARP bailout, the US corporate culture remains toxic and breeding crime, according to the watchdog for the bailout programme.
More than 300 people in the banking, housing and securities industries are in the hands of the criminal system, whether it is a charge, a conviction or a sentencing, the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) said in a quarterly report to Congress.
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