What Regulators Must Consider Before Punishing Individual Bankers American Banker "Why aren't we holding the individuals responsible for the financial crisis accountable?
Sarah Lochead-macmillan's insight:
However, the training and induction and culture of the corporations need to be fully explored before assessing the individuals liability. With most banks operating a blame culture and a pass the buck culture, often individuals are caught in a fear trap from which these catastrophic errors occur.
Do you think this will open doors for further law suits? I mena there appears to be some high level trading issues here, but what about the banks that lend without the duty fo care to businesses and the refuse to help (mostly becasue they cant) when the business stuggled and founders? Where are the so called "business experts" of the Banks then?
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