Five of the world’s biggest banks are about to plead guilty to a stunning array of crimes. So brazen were these superrich, powerful banks that they referred to themselves as “the cartel” or “the mafia” as they illegally fixed prices to line their own pockets. The banks’ crimes have to do with price-fixing on the foreign currency exchange market,
Collateral consequences: Two words that give the rich, and only the rich, a pass for their crimes
