Hacker News new | past | comments | ask | show | jobs | submit login




No, they went to jail for fraud.

For example, these bankers [1] approved a loan to a shell company owned by the bank's insiders for the purpose of buying the banks shares. None of the large banks in the U.S. did anything like that. The closest we've had was the LIBOR scandal, where prosecution is certainly happening.

[1] http://uk.reuters.com/article/uk-iceland-crisis-idUKBRE8BR0E...


How did they manipulate the market?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: