Wall Street’s Worst at Least Know Math: Jonathan Weil

It’s bad enough that there have been no criminal convictions of any of the executives who helped bring the banking system and our economy to its knees. Now the Justice Department is touting trumped-up numbers as it tries to show it’s cracking down on financial fraud.

This week U.S. Attorney General Eric Holder held a news conference to praise the results of “Operation Broken Trust,” which he called “a critical step forward in law enforcement’s work to protect American investors.”