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You might find your Prime membership morally indefensible after reading these stories about worker mistreatment 
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The Financial Conduct Authority, one of Britain’s financial regulators, has issued warnings to two individuals that it planned to charge them for misconduct related to the rigging of Libor.
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Apple (finally) acknowledges its connection to illegal tin mining
Anonymous Hades's insight:
If you didn't know, now you do.
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The Bank of England gave permission for currency traders to share information about their order books, behaviour that is now the subject of an investigation by the City watchdog and that has already led to several senior foreign exchange dealers leaving their jobs.
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Union leaders were scathing of Barclays' decision to hike bonuses while scrapping jobs, while Business Secretary Vince Cable called for "a responsible banking sector which rejects the bonus-fuelled culture of the past".
Anonymous Hades's insight:
This outrage is not over, because the fallout is just beginning.
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Former New Orleans Mayor C. Ray Nagin was convicted of 20 charges of fraud for accepting payoffs for contracts.
Anonymous Hades's insight:
Stay tuned for sentencing. Since this guy's a crooked ex-politician, voters may want the judge to "throw the book at him." We'll see.
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From
qz
That Barclays simultaneously announced a huge profit hit while raising its bonus pool today ruffled investors’ feathers.
Anonymous Hades's insight:
This news is long overdue, but most welcome.
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Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever
Anonymous Hades's insight:
This is what happens when criminals are allowed to operate with impunity, and law enforcement is slow to jail the guilty.
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A list of one-on-one meetings between VIP donors and the Kochs and their operatives offers a revealing look into their mighty political machine.
Anonymous Hades's insight:
Use this information wisely.
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Thirteen members of the New Birth Missionary Baptist Church managed to recoup some of their monetary investments in a civil suit against controversial Bishop Eddie Long (pictured left) and alleged Ponzi scheme...
Anonymous Hades's insight:
F.Y.I.
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From
rt
The apparent suicide death of the chief economist of a US investment house brings the number of financial workers who have died allegedly by their own hand to four in the last week.
Anonymous Hades's insight:
F.Y.I.
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Account holders complain of being unable to withdraw cash or pay for food and petrol in latest meltdown for high-street banks Customers vented their anger after Lloyds and TSB became the latest high-street banks to experience a technological...
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The owner of a northern New Jersey real estate title who stole more than $5 million entrusted to him to pay off multiple mortgage loans is now headed to prison.
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With the world's most powerful finance ministers meeting in Sydney this weekend, the G20 is well placed to tackle the problem of multinational companies avoiding tax, writes Tom Allard.
Anonymous Hades's insight:
The G20 is the perfect place to deal with a lot of problems, but the patrons of greed will undermine any efforts to end tax avoidance.
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The Bank of England has launched a “full legal review” into claims that its officials gave tacit approval to collusion among foreign-exchange traders, now part of a major international investigation.
Anonymous Hades's insight:
Lock up the guilty, throw away the keys and watch the victims cheer.
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The U.K. markets regulator notified a bank manager and a rate submitter that they face penalties for their involvement in manipulating benchmark rates in the first civil cases against individuals in the global probe.
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China Insurance Regulatory Commission chairman Xiang Junbo had asked JPMorgan chief executive Jamie Dimon to do him a "favour" by hiring a young job applicant, a family friend of Xiang, who now worked at the bank, The New York Times reported yesterday, citing a confidential JPMorgan e-mail.
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Within the past few weeks, at least three high level bankers and one financial journalist have either died due to mysterious circumstances that officials have quickly labeled as 'suicides', or disappeared without a trace.
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A further six individuals are to face criminal charges in connection with the Libor scandal, the Financial Times has revealed.
Anonymous Hades's insight:
It's time for dishonest, greedy Libor bankers and traders to occupy prison cells across the planet. My recommendation: Lock them all up and throw away the keys.
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From
qz
Is Ireland a tax haven? The Irish government bristles at the question, given rising interest in cracking down on offshore financial centers, but research from a Trinity College professor is pretty definitive: Yes, it is.
Anonymous Hades's insight:
If you didn't know before, now you do.
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Details of 27,000 people who consulted bank’s advisers were allegedly copied from database to be sold on to rogue traders
Anonymous Hades's insight:
If you're a Barclays customer, you may want to consult your financial adviser again.
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The daughter of King Juan Carlos appeared before judge to answer questions of alleged complicity in embezzlement.
Anonymous Hades's insight:
F.Y.I.
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We're building a better Washington. http://www.citizensforethics.org
Anonymous Hades's insight:
F.Y.I.
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From
rt
A Singapore-based UK banker, Anton Casey, who triggered massive public outrage over his Facebook remarks insulting Singapore residents, has been dismissed from his post and forced to flee to Australia.
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European banks reward star employees with generous pay deals amid fears they are losing competitiveness on global stage Citigroup is set to pay most of its investment bankers in Europe at least half of their bonuses in cash, as US banks push ahead...
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Boycott Amazon.com. We do, and you should too. Don't feed the beast that bites you without cause.