1. Banks behaving badly

When criminal charges were brought against ANZ and investment banks Citi and Deutsche Bank that sounded fair enough to me. Barbora Jedlickova, Lecturer in the School of Law at The University of Queensland says that criminal charges are more effective than fines and:

Charging high-ranking bank executives will potentially make the deterrent more effective still, because high-ranking executives set the cultural tone for their organisations.

James Thomson in his Chanticleer column at the AFR says that victims are hard to find in this case, but it is a good idea because bankers should behave themselves. Continue reading Saturday salon 9/6 →