The world's five top banks agreed last week to cough up $6 bn to settle allegations of manipulation in the forex markets. Is any banker going to jail? Nope. Is any banker or board member losing his job? Nope. The shareholder pays- and life goes on.
It can't go on like this, warns an article in the FT. The author lists ten commandments that bankers must take note if they are to stay higher in the public esteem than, say, bank robbers.
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