BANKERS’ PAY CAPS PAY CAP LEAVES A BITTER TASTE The taste is akin to unsweetened lemonade. A cap on bankers’ total compensation packages will be approved and become part of the Dodd-Frank Act of 2010. The language has been out for public comment (comments due July 21,...
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This editorial discusses Post-Credit Crisis reforms & how to enforce non-compliance. Integrity in Finance can become a habit, but only through consistent, repetitive good choices coupled with the fear of punitive action resulting from broken rules....
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After 7 years of preparation, the UK courts are bringing individuals to trial as the LIBOR scandal heads to court. SUSPICIOUS DEATHS & SUICIDES You may recall during 4Q13 and 1Q14 when 12 bankers committed suicide. The stories are as varied as they are sordid. The media...
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