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May 19, 2015
More bankers ok with breaking the law to get ahead
About a quarter of top bankers have been asked to sign agreements that would prevent them from reporting illegal or unethical activities to regulators.
If you are a top banker and witness your CEO murder one of his high-priced personal escorts, then for the love of all that's holy, you need to think smart and do the right thing. Repeat after me:
"I drove the Land Rover today. It has ample trunk space. I'd be more than happy to dispose of the body for you. It would be no trouble at all."
The reason a lot of people do not recognize opportunity is because it usually goes around wearing overalls looking like hard work. - Thomas A. Edison
Few understand that in addition to the overalls and hard work, opportunity can also include garbage bags and bone saws. Corner office here you come! Woohoo!
Corporate ethics, baby. That's what I'm talking about. Regulators? Who needs them?
Schedule for Week of December 22, 2024
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Happy Holidays and Merry Christmas!
The key economic report this week is November New Home Sales.
*----- Monday, December 23rd -----*
8:30 AM: *Chicago Fe...
4 hours ago
8 comments:
No worries, the soccer scammers will be in jail. THOSE are the people who have destroyed the moral-fiber of this great-n-glorious country!
Anonymous,
I knew something was wrong when I learned that their footballs were spherical! ;)
Exactly how does the U.S. have jurisdiction over international soccer?
Joseph Constable,
After Indicting 14 Soccer Officials, U.S. Vows to End Graft in FIFA
Though many of the charges revolve around activities that occurred abroad, Ms. Lynch said she never had qualms about bringing charges in the United States. United States law allows for extradition and prosecution of foreign nationals under a number of statutes, and court documents say that the activity affected interstate and foreign commerce, and took place in part in New York’s Eastern District.
Is New York's Easter District where the Clinton Foundation is located?
If only US law allowed for prosecution of bankers under the gazillions of statutes making fraud illegal! One wonders what politicians decided that FIFA was job one.
Joseph Constable,
Perhaps the "Easter" District is known best for the retirement nest "egg" hunts! ;)
dd,
If only!!! Sigh.
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