Tag

miscarriage of justice

How Fining Banks Instead of Jailing Rogue Bankers Disserves Society

Needed:  Financial Nuremberg Trials “Citigroup and U.S. Reach $7 Billion Mortgage Settlement.” —headline; NYT (7/14/14). “BNP Paribas SA agreed to pay nearly $9 billion and plead guilty to crimes for violating U.S. sanctions, an unprecedented settlement that includes a year-long ban on the French bank’s ability to conduct certain U.S. dollar transactions. –“BNP Paribas Draws...
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