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Banking

Oct. 26, 2016

Banks and bankers elude prosecution

Rarely a month goes by without reading about banks and bankers who commit obvious crimes, but who are rarely prosecuted. If anything, the prosecutors typically go after the little guys — you know, the low hanging fruit. By Stanley Greenberg

Stanley Greenberg

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By Stanley Greenberg

It is hardly newsworthy that banks exploit their customers and violate the public trust. Rarely a month goes by without reading about banks and bankers who commit obvious crimes, but who are rarely prosecuted. If anything, the prosecutors typically go after the little guys - you know, the low hanging fruit. So I would like to tell you about bankers who committed proven and uncontested financial crimes that were actually prosec...

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