How one father's grief led to uncovering international bank illegal activities

[no kudzu]

This is an extremely interesting article which outlines how one father's grief led to incredible international banks illegal activities. The level of bank corruption all over the world is astounding but not surprising. What can be done to keep this sort of thing from happening in the first place? I would rather we spend our tax dollars preventing this kind of lunacy than investigating and chasing the offenders after the fact.

http://dealbook.nytimes.com/2014/06/...pgtype=article

[catdad7x]

Originally Posted by no kudzu

This is an extremely interesting article which outlines how one father's grief led to incredible international banks illegal activities. The level of bank corruption all over the world is astounding but not surprising. What can be done to keep this sort of thing from happening in the first place? I would rather we spend our tax dollars preventing this kind of lunacy than investigating and chasing the offenders after the fact.

http://dealbook.nytimes.com/2014/06/...pgtype=article

Good luck with that. Look at all of the schemes and manipulating (much of which was illegal) that went on with the big investment banks that caused the financial meltdown/recession, then realize that not one CEO in any of the wall street firms/banks went to jail or were even charged & prosecuted for the mess they clearly created. Too big to fail... and too big to prosecute(?).

[RogueMom]

Originally Posted by catdad7x

Good luck with that. Look at all of the schemes and manipulating (much of which was illegal) that went on with the big investment banks that caused the financial meltdown/recession, then realize that not one CEO in any of the wall street firms/banks went to jail or were even charged & prosecuted for the mess they clearly created. Too big to fail... and too big to prosecute(?).

Or too well connected with our politicians.