Bankers Who Commit Fraud, Like Murderers, Are Supposed to Go to Jail | Beat the Press

December 02 Comments Off on Bankers Who Commit Fraud, Like Murderers, Are Supposed to Go to Jail | Beat the Press Category: Feed, Tumblr

Bankers Who Commit Fraud, Like Murderers, Are Supposed to Go to Jail | Beat the Press: Individuals are profiting by breaking the law. The point is make sure that these individuals pay a steep personal price. This is especially important for this sort o…

LIBOR: The World’s Most Dishonest Number

March 24 Comments Off on LIBOR: The World’s Most Dishonest Number Category: Feed, Tumblr

LIBOR: The World’s Most Dishonest Number:

  The FDIC has sued 16 of the largest banks in the world plus the British Bankers Association (BBA) alleging that they engaged in fraud and collusion to

‘Every big bank CEO failed the ethical test, and the ethical bar they failed to surmount was set exceptionally low.’

“If the Obama administration has long known that fraud was endemic among the leaders of the world’s largest banks, then its policies toward those CEO and the banks they control have been reprehensible and harmful.”

Terrified yet?