National Credit Union Administration (NCUA) told the federal court yesterday it will add new charges against directors and officers of WesCorp FCU, even as its efforts to hold leaders of the corporate credit union accountable for the failure of the $34 billion corporate may be slipping away.

NCUA said members of WesCorp’s budget and asset liability committees, all of whom were CEOs of big credit unions themselves, should have moved to rein in WesCorp executives as the corporate dove deeply into the market of newly created option ARM securities, constructed from what are commonly referred to as “liar loans.”

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