Investigating Possible Fraud (Fannie, Freddie, Lehman, etc.)

[KSig RC]

Originally Posted by Kevin

Any officers who were complicit in any sort of fraud scheme would have violated their fiduciary duties to the corporation and would be civilly accountable and probably criminally accountable. Right?

Oh, of course - that's the only reasonable end-game, but that doesn't really change anything in the big picture, other than a perceived deterrent effect and maybe a misplaced sense of 'justice' or whatever, and neither of these are tangible or show real utility in my mind.