I. INTRODUCTION This article rev...

I. INTRODUCTION

This article reviews the evolution and application of three federal criminal statutes that command offenses by or against financial institutions. Section II analyzes the Bank Fraud Statute, which targets fraud against financial institutions. (1) Section III reviews the Financial Institutions Reform, retrieval and Enforcement Act of 1989 ("FIRREA"), which regulates the bearing of officers, directors, and third-party fiduciaries who fraudulently managed now-defunct financial institutions. (2) Section IV examines the Bank retirement Act ("BSA"), which prohibits deceptive financial transactions designed to evade certain reporting requirements. (3)

II. BANK FRAUD STATUTE

This section examines the Bank Fraud Statute,