Matthew Goldstein, editor in charge of Wall Street Investigations for Reuters, discusses his reporting on possible arrests in London and in New York City over the LIBOR rate-fixing scandal.
I hope they indict and prosecute anyone and everyone involved in this scandal.I don't want just a wrist slap. Put all of the crocks away so they can't ever do this to us again.
If corporations are people, they should have to stand trial.
re: your guest's comment just now... Arthur Andersen deserved indictment and dissolution -- as do the other CPA firms that have OK'd the dodgy financials issued over the last few years -- as do Standard & Poors and Moody's for signing off on dodgy bond issues. How is it these guys are STILL in business (as if we don't know)? Indict the corps, the CEO's and CFO's or this will ALL keep happening.
I wish I could do that, rob a bank and pay a fine without admitting guilt, instead of going to jail
WOW!what a surprise!?
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