OC Register Quotes Professor Eggert
January 30, 2009
Professor Kurt Eggert was quoted in an article in the Orange County Register entitled, “Burned borrowers seek payback from CEOs who got millions.” As the title of the article suggests, the piece is about the growing number of private lawsuits and government investigations seeking payback from executives who received enormous paychecks for running companies that have since collapsed. Professor Eggert stated, “I see this as the crucial issue now . . . How willing and able are government agencies and prosecutors to go after people who made money on subprime loans? And can investors recoup losses?” Read article …