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Saturday, July 30, 2016

U.S: Bankers No Longer Too Big to Jail?

U.S: Bankers No Longer Too Big to Jail?

U.S. politicians in surprising agreement to end impunity for bankers.
By , July 29, 2016 | http://www.theglobalist.com/us-bankers-no-longer-too-big-to-jail/

Takeaways

  • Investigations against major global banks may end the impunity that top bankers have so long enjoyed.
  • If Dems & Republicans press ahead with reform, the lobbying power of Wall Street firms could decline.
  • To date, why hasn't a single top banking executive faced a single day in criminal court?
Some of the world’s biggest banks have overplayed their hand. They have strived at every turn to exert extraordinary political influence in order to get away with criminal violations of the law.
To date, not a single top banking executive has faced a single day in criminal court. http://www.theglobalist.com/us-bankers-no-longer-too-big-to-jail/

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