Wall Street Execs Should Face Criminal Consequences

Amitabh Pai @ The Progressive - Another day, another Wall Street scandal—and yet another instance where the perpetrators will quite certainly get little more than a slap on the wrist.

The U.S. Senate has issued a report that faults JPMorgan Chase for the trading fiasco last year that caused billions of dollars in losses. It blames the bank’s chief executive, Jamie Dimon, for lax supervision and for not sharing information with regulators.  Read more.