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Not only academic. Look at the 2008 crisis. Only one banker went to jail. Look at Binance’s Zhao. Look at - ahem - Trump.
by d--b 2y ago
Not only academic.
Look at the 2008 crisis. Only one banker went to jail.
Look at Binance’s Zhao.
Look at - ahem - Trump.
- bboreham 2y agoHere’s six jailed bankers named in two stories: https://www.bbc.co.uk/news/business-68595204 https://www.bbc.co.uk/news/business-68595204 https://www.cityam.com/former-barclays-trader-jay-merchant-jailed-libor-rigging/ https://www.cityam.com/former-barclays-trader-jay-merchant-j...
- d--b 2y agoThis is related to the libor rigging case, not the 2008 financial crisis. Thankfully in some cases, people do actually go to jail.