Are 'Too Big to Fail' Banks Now 'Too Big to Jail?'

Are 'Too Big to Fail' Banks Now 'Too Big to Jail?' Play

May 6 (Bloomberg) -- So far large banks that break the law have been able to avoid criminal prosecution by agreeing to settlements and paying large fines. However, that approach has been heavily criticized. Now Preet Bharara, the U.S. Attorney for the Southern District of New York, appears ready to change course. Bloomberg's Sam Grobart takes a look at the complicated task of prosecuting a big bank.

  • On Air Now

    Bloomberg Surveillance Watch Now

  • Next

    In The Loop with Betty Liu

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus