enron: Orange is NOT the new black for guilty Wall Street CEOs.
- 07/09/15 02:07 PM
The U.S. Justice Department announced last week that five of the largest banks in the world will plead guilty to felony charges that they joined forces to manipulate global financial markets. Following a multi-year investigation into their activities that led up to and during the financial crisis and crash of 2008, these banks will be fined nearly $5.8 billion in total as part of the federal plea agreement. But what these disgraced CEOs – and soon to be convicted felons - won’t be doing is going to jail. In fact, no CEO of any big bank has spent even a day behind … (1 comments)
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