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How to Punish Bank Felons

The Huffington Post - 21 Jun 2015 16:01
How to Punish Bank Felons What exactly does it mean for a big Wall Street bank to plead guilty to a serious crime? Right now, practically nothing. But it will if California's Santa Cruz County has any say. First, some background. Five giant banks -- including Wall Street behemoths JPMorgan Chase and Citicorp -- recently pleaded guilty to criminal felony charges that they rigged the world's foreign-currency market for their own profit. This wasn't a small heist. We're talking hundreds of billions of dollars worth of trans...
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