Major banks reportedly masked risk levels

http://www.marketwatch.com/story/major-banks-reportedly-masked-risk-levels-2010-04-09

 

... and the original WSJ article

http://online.wsj.com/article/SB10001424052702304830104575172280848939898.html

 

The data covers banks' short-term borrowing in the repo market.

This is so lame, like something bad is gonna happen.

 

Will ever any of those bigwigs from this banks going to be punished? The SEC and this government are a shame on enforcement of the law in wall street. The SEC never catch the big guys, including Madoff (even with tons of denounces), but they certainly throw the book at you small guy if you dare to disrespect our laws.