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Imposing big fines on banks is punishing the wrong people!
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Imposing big fines on banks is punishing the wrong people!
Last edited by Jeff Maginty; 3 June 2022, 14:22. -
Originally posted by Jeff Maginty View Post1) Immediately ban the guilty individuals from ever working in the banking & financial sector again (ie: immediate lifetime ban).
2) Jail the guilty individuals for an appropriate duration (minimum of 2 years for the lesser offences, and minimum of 10 years for more serious offences).
It's about time that justice was served in the banking industry just as it is in the rest of society!merely at clientco for the entertainment -
Originally posted by Jeff Maginty View PostWhat use is it fining the bank, when the fine will be paid out of shareholders' funds and the people (ie bankers) who did the wrongdoing just carry on paying themselves a huge salary & bonus?
HTHComment
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Max Keiser has been pushing for a radical solution lately:
http://www.youtube.com/watch?v=J3Ex4okWm-M<Insert idea here> will never be adopted because the politicians are in the pockets of the banks!Comment
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Originally posted by Jeff Maginty View PostOver the last few years there has been a lot in the news about banks...And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Originally posted by Jeff Maginty View PostIt's about time that justice was served in the banking industry just as it is in the rest of society!Comment
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Originally posted by Jeff MagintyCustomers? Don't you mean Shareholders?Comment
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