US probes banks over recession
Officials widen investigation of seven major financial firms in bid to unveil cause of 2008 economic crisis.
Published On 2 Jun 2011
New York’s attorney general is widening his investigation into US bank practises that caused the 2008 financial crisis.
The inquiry focuses on the activities of seven major financial firms. But after three years, there’s growing public frustration that no one has yet been found criminally responsible for the economic meltdown.
Al Jazeera’s Scott Heidler reports from New York.
Source: Al Jazeera