Investment banks & bankers: too big (headed) to jail (video)


John Oliver on the travesty of justice that is banks and bankers negotiating with regulators to pay ‘huge’ fines (in reality no more than a few days worth of sales) for committing financial crimes rather than serving jail time. To add insult … Continue reading

The problem with investment banking (part 1)


The Problem with Investment Banking (Part 1) Bankers would like us to believe that what they do is fantastically sophisticated and requires huge talent and massive intellectual prowess. It is on these largely false grounds that they try to persuade us … Continue reading