Wednesday, October 29, 2014

How To Deal With A Serial Killer

Obviously we couldn't arrest, prosecute, and imprison a serial killer, especially if he promised not to kill again, so I guess we're out of options?
A mixture of new issues and lingering problems could violate earlier settlements that imposed reforms and fines on the banks but stopped short of criminal charges, according to lawyers briefed on the cases. Prosecutors are exploring whether to strengthen the earlier deals, the lawyers said, or scrap them altogether and force the banks to plead guilty to a crime.

That effort, unfolding separately from a number of well-known investigations into Wall Street, has ensnared several giant banks and consulting firms that until now were thought to be in the clear.

Maybe if we make them pinky-swear this time?