The most salient criticism for the way maleficence at banks
is handled — from the financial crisis to money laundering at HSBC — it's that
bank's never face criminal charges.
The New York Times reports that this may change as early as
next Monday. Sources close to the matter say that UBS is nearing a deal with
authorities, and that it may include criminal charges as well as about $1
billion in fines….
Read more:
http://www.businessinsider.com/ubs-may-face-criminal-charges-on-libor-2012-12#ixzz2F2nRBPFf
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