If EU officials have their way, failing banks would be able to cut customers' access to their accounts, placing a moratorium on withdrawals in the interest of preventing bank runs.
Read More »Spain Sets Massive Precedent — Charges Its Central Bankers in Court
In a move toward justice the US has yet to undertake, Spain's highest court charged a financial regulator and six central bankers over a failed bank offering.
Read More »Ireland to Prosecute Top Banker Who Destroyed Their Economy — Guess Where He Was Hiding
While American criminal bankers continue to profit after the bailout, Ireland is actually taking action -- No thanks to the US though.
Read More »Iceland Just Jailed Dozens of Corrupt Bankers for 74 Years, The Opposite of What America Does
In stark contrast to the extremely low number of prosecutions of CEO’s and high-level financial executives in the U.S., Iceland has just sentenced dozens of bankers.
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