Tuesday, November 05, 2013

Too Big To Jail

Sometimes, blame-worthy institutions need to be held accountable, too. No institution should rest easy in the belief that it is too big to jail. That is a moral hazard that a just society can ill afford.

-- US Attorney Preet Bharara on the $1.8 billion settlement of criminal charges against SAC Capital Advisors, 4 November 2013

No comments: