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You can also be straight-up banned from the industry, which has the same kind of effect as revoking a license, but doesn't really seem to have been enough of a
by rcxdude 4y ago
You can also be straight-up banned from the industry, which has the same kind of effect as revoking a license, but doesn't really seem to have been enough of a deterrent.
- danuker 4y agoBanks define their own rules. There is no jail time because unethical behavior is legal or minimally punished. https://www.finance-watch.org/still-going-round-in-circles-the-revolving-door-problem-between-banks-and-their-regulators/ https://www.finance-watch.org/still-going-round-in-circles-t...