Office of the Special Inspector General for the Troubled Asset Relief Program – Quarterly Report to Congress, October 29, 2013

“The financial system has stabilized in part due to five years of the TARP bailout,  but the toxic corporate culture that led up to the financial crisis and TARP has not sufficiently changed. At the core of the financial crisis was a pervasive culture at financial institutions throughout the country of rampant risk-taking and greed combined with significant and unchecked power. SIGTARP has uncovered,  stopped, and investigated crime related to TARP in the banking, housing, and securities industries. The crimes we have detected serve as an important lesson  to be learned from the financial crisis: that toxic corporate cultures can serve as a breeding ground for criminal activity.”