Is the US president really serious about tackling corruption in the finance sector? Are the presidential candidates? Now they can prove it. Bank Whistleblowers United tell us how they can restore the rule of law to Wall Street and avoid the next financial crisis in 60 days without any new legislation. Plus: why a wave of tax amnesties is likely to sweep across the world (how does 1% tax and immunity from prosecution sound?) and what the very first transparency data on banks exposes about how they do business.
“it doesn’t matter what the rules are if you put people in charge who are committed to not enforcing the rules...not a single banking leader of the three fraud epidemics that drove the US financial crisis and much of the global financial crisis has been prosecuted for leading those fraud schemes, not one.”
William Black, Bank Whistleblowers United (serial whistleblower, former senior US regulator, white collar criminologist and Associate Professor of Law and Economics) www.neweconomicperspectives.org
Democracy Spring www.democracyspring.org