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January 8, 2012

Handcuffs and Prison Sentences for Bankers Next Time

“The backlash after the next financial calamity will make the Dodd-Frank Act look so mild that many will wonder if it was written by bankers themselves. Handcuffs and prison sentences will not likely be in short supply next time. Clawbacks of billion dollar bonuses will be the norm, as one mansion after another is put on the auction block. That’s the future of bankers after their next reckless, unregulated splurge.”

Read the full story here.

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