Resumen de Morally bankrupt
Illegal and dangerous mistakes associated with the financial industry have caused serious harm to US and world economies--that is beyond doubt. And the scandals keep coming--rate rigging, money laundering, mis-selling and sanctions busting. The wider backlash against the industry shows no sign of easing. So given the scale of damage and public anger, fueled by the industry's bonus culture, it is curious that those responsible have largely avoided punishment in the traditional judicial sense, despite the clamor for it. Here, Boehm wonders why it is hard to punish bankers for their scandalous behavior and whether people's moral instincts have failed them.
