Not One Top Wall Street Executive Has Been Convicted Of Criminal Charges Related To 2008 Crisis

Will top bankers’ behaviour ever land them in jail? Or are bad business decisions even a crime at all? Five years on from the bankruptcy of Lehman Brothers, the debate over how to hold senior bank bosses to account for failures is far from over, but legal sanctions for top executives remain a largely remote threat. Even as laws evolve – in Britain, the government wants to criminalise recklessness in banking – a repeat of the global financial crisis and near-collapses of 2008 would not necessarily result in many more prosecutions today, lawyers say. Read more on The Huffington Post here.