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Feds dropping case against former Wilmington Trust execs
Federal prosecutors in Delaware have decided not to retry four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program in the wake of the 2008 financial crisis
By RANDALL CHASE Associated Press
July 6, 2021, 10:55 PM
• 4 min read
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DOVER, Del. -- After being dealt a stunning setback by an appeals court, federal prosecutors in Delaware have declined to retry four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program in the wake of the 2008 financial crisis.