Nearly a third of the fraud described in the report was concentrated in California, which, when the bad behavior began, was still reeling from earlier actions of a different set of rogue bankers whose practices led to a host of problem from the subprime loan meltdown and taxpayer bailouts to the mortgage default crisis for which the Northern San Joaquin Valley was ground zero in 2008.
San Joaquin Valley: The San Joaquin Valley has been called “the food basket of the world.” Crops grown here include cotton, asparagus, almonds, pistachios, oranges, peaches, garlic, tangerines, tomatoes, kiwis, hay, alfalfa, raisins and wine. At 61,000 vineyard hectares (151,000 acres), this is by far the largest wine region in the state. #CalifWines
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Agriculture, Sacramento Valley - San Joaquin Valley - Vineyards - 20 Miles North Of Fresno - Clean Air With Sierras - Fresno County - Stock Photography and Images from Tom Myers Photography - Sacramento, California