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I recently watched the documentary on the US government's prosecution of Abacus Federal Savings of Chinatown in New York. They were prosecuted after the TARP bailouts for mortgage fraud for writing 17 bad loans, but they did not fail or receive TARP money. Also see Abacus: Small Enough to Jail on Amazon.

In contrast, ProPublica | Bailout Recipients lists a number of banks that received TARP bailouts and still owe the government and tax payers money. For example, CIT Group, CIT Bank, N.A. and Wells Fargo Bank, NA still owe nearly all the money in 2019. It is not a trivial amount. There are literally billions of dollars owed.

Abacus Bank is the only financial institution I am aware that was prosecuted. (Corrections, please).

What was the purpose of the [failed] Abacus prosecution given no TARP recipients were prosecuted?

closed as off-topic by Dilip Sarwate, JoeTaxpayer Jun 13 at 11:27

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    I'm voting to close this question as off-topic because it is not about personal finance. – Dilip Sarwate Jun 13 at 3:17