Largest Bank Corruption Yet

[wezcountry]

Hello friends,

It only largest bank corruption until the next corruption that more large. Bank exist to make money like any other company.

But when other company do fraud other no like and may stop use product or service. But when bank do fraud most think it normal and continue to use bank service.

Also when bank do fraud and get caught there little punish. Only have to pay fine that small part of profit generate from fraud.

No have go jail. So that why they continue do fraud because it generate profit even when caught.

Good luck bros

I am hoping that in the UK this will change with the LIBOR scandal, but I won't hold my breath.

 

[Delaney]

I am hoping that in the UK this will change with the LIBOR scandal, but I won't hold my breath.

Unfortunately the UK has little to offer the world other than financial services. If the government are too tough with reforms and regulation, the bankers will go play somewhere else.

At the moment it's all about image for the politicians. They want to be seen to be coming down hard on immorality in the financial sector. Yet there has to be a balance because if they come down too hard, especially as we are teetering on the brink of another recession, it will hurt the economy more than do it good (short term).