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Market manipulation http://www.reuters.com/article/us-iceland-bankers-idUSKBN0LG2O420150213 http://www.reuters.com/article/us-iceland-bankers-idUSKBN0LG...
by TheBiv 11y ago
Market manipulation
http://www.reuters.com/article/us-iceland-bankers-idUSKBN0LG2O420150213 http://www.reuters.com/article/us-iceland-bankers-idUSKBN0LG...
- JumpCrisscross 11y agoNo, they went to jail for fraud. For example, these bankers [1] approved a loan to a shell company owned by the bank's insiders for the purpose of buying the banks shares. None of the large banks in the U.S. did anything like that. The closest we've had was the LIBOR scandal, where prosecution is certainly happening. [1] http://uk.reuters.com/article/uk-iceland-crisis-idUKBRE8BR0EW20121228 http://uk.reuters.com/article/uk-iceland-crisis-idUKBRE8BR0E...
- melling 11y agoHow did they manipulate the market?