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A plausible reason is that it would likely impact their market value as shareholder confidence in those banks is affected by the potential for large fines in th
by nicktelford 8y ago
A plausible reason is that it would likely impact their market value as shareholder confidence in those banks is affected by the potential for large fines in the near-future. Since the banks haven't actually been found guilty of anything (yet), they're simply being investigated, it would be damaging to release their names.
- mtgx 8y agoThe "economy will be hurt" if bankers go to jail is getting a little old, isn't it? It's also sounds like exactly the kind of thing bankers would like the public to believe and would try to influence media narrative to repeat it.
- nicktelford 8y agoMy point is simply that they haven't been found guilty of anything yet, just charged. If they're subsequently cleared of any wrongdoing, but their market value is tanked by the accusation, they're effectively being punished for nothing. Innocent until proven guilty and all that.