Lodas. Cash is King at this point. Wish we get some soon,and then we can do a Buffet when the gutters run with ( you know what) . Not looking good right now. I.M.O
Forty-seven bankers were sentenced to jail time for their role in the financial crisis, Financial Times research has found, dispelling the myth that no one was held personally accountable for the financial sector’s catastrophic failures.
The FT searched records and news reports from across Europe and the US to uncover how many bank employees and directors recieved jail sentences for issues directly linked to the crisis or the collapse of their institutions.
The data does not include traders and other bank staff jailed for their role in interest rate rigging, like the two Deutsche Bank traders jailed for interest rate rigging earlier this year, or for rogue trading not directly linked to the crisis or a bank collapse, like UBS’s Kweku Adoboli, who is now facing deportation.