Bankers Behaving Badly

http://thekojonnamdishow.org/shows/2012-08-14/bankers-behaving-badly
Bankers Behaving Badly

Scandals at three big British banks have grabbed headlines recently. Some in the financial world say these aren't isolated incidents, but rather all-too-common practices.

Scandals at three big British banks have grabbed headlines recently. Some in the financial world say these aren't isolated incidents coming to light, but rather all-too-common practices. We explore why regulators are cracking down now, what it means for U.S. banks, and whether we're about to see a new era of transparency in the financial world.

Guests

David Enrich

European Banking Editor, Wall Street Journal

Phillip L. Swagel

Professor, International Economic Policy, Maryland School of Public Policy; former Chief of Staff, White House Council of Economic Advisers

Related Links

Standard Chartered: My Dollar, My Rules: The Economist
Banks in LIbor Inquiry are Said to be Trying to Spread Blame -- New York Times
Once Mighty British Banks see Reputations Soiled by Scandals - Wall Street Journal

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The Kojo Nnamdi Show is produced by member-supported WAMU 88.5 in Washington DC.