Too Big to Fail, Small Enough to Jail
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The 2017 PBS Frontline documentary Abacus: Small Enough to Jail tells the story of the Abacus Federal Savings Bank, a family-owned community bank situated in NYC’s Chinatown. Abacus became the only financial institution to actually face criminal charges following the subprime mortgage crisis. Abacus Bank: small enough to jail A rogue employee of the bank, […]