The news this week that federal prosecutors were nearing criminal charges against a French bank and a Swiss bank received a mixed reaction from a public weary over the mantra that Wall Street is “too big to jail.â€
“C’mon G-Man trough feeder; go after the real crooks, they live in Manhattan, not in Zurich or Paris,†Jeff Burkhart of Lemoore, Calif., wrote in one of more than 550 reader comments published with Tuesday’s article.
Prosecutors have opened criminal investigations into fraud at American banks, but those inquiries are at an earlier stage.
A look back on our reporting of the past week’s highs and lows in finance.
FRIDAY
AstraZeneca Rejects Pfizer’s Improved Offer | DealBook »
Wall Street’s Quiet Turnabout on Swaps | DealBook »
THURSDAY
U.S. Looks Into Wagers, Pro and Con, on Herbalife | DealBook »
Merck Said to Be Near Closing Deal With Bayer | DealBook »
Ares Management Set to Go Public, Joining Rivals | DealBook »
K.K.R. Aims at Smaller Investors for Capital | DealBook »
WEDNESDAY
Big Banks Erred Widely on Troubled Mortgages, U.S. Regulator Confirms | DealBook »
Funds for Troubled Mortgages Are on the Rise | DealBook »
Profit at Carlyle Falls 18% as Real Estate Investments Underperform | DealBook »
Hoping for Stability, Utility Operator Exelon Agrees to Buy Pepco | DealBook »
BNP Paribas Says U.S. Penalties May Top the $1.1 Billion It Set Aside | DealBook »
TUESDAY
Two Giant Banks, Seen as Immune, Become Targets | DealBook »
Busted by the Boom Time | DealBook »
Top Officer of Barclays in America Is Leaving | DealBook »
Alstom’s Board Is Said to Back $13 Billion G.E. Bid for Energy Unit | DealBook »
Big Chinese Pork Producer Cancels Its $1.9 Billion I.P.O. | DealBook »
Alliance Battles to Save Fannie and Freddie | DealBook »
Deal Professor: Yahoo Chief’s Pay Tied to Another Company’s Performance | DealBook »
MONDAY
Pfizer Proposes a Marriage and a Move to Britain, Easing Taxes | DealBook »
Bank Finds a Mistake: $4 Billion Less Capital | DealBook »
News Analysis: Bank of America’s Bad Accounting | DealBook »
U.S. Report Sees Deeper Bank Flaws on Loans | DealBook »
Key U.S. Prosecutor Is Latest to Join Law Firm | DealBook »
Charter and Comcast to End Fight Over Time Warner Cable | DealBook »
Charges in Libor Case for 3 From Barclays | DealBook »
SUNDAY
Pfizer Is Said to Pursue AstraZeneca | DealBook »
Soured Mortgages Attract Institutional Dollars | DealBook »
France Defers G.E. Plan to Buy Energy Business | DealBook »
WEEK IN VERSE
‘Under the Bridges of Paris’ | Blacklisted in the United States, Eartha Kitt remained popular in France. YouTube »
