Lever Time - Premium
from The Lever
INSIDE THE STORY: Banks’ Get-Out-Of-Jail-Free Card
Wall Street lobbyists are trying to stop a federal proposal designed to punish criminal banks.
This mini-episode is part of our Inside The Story series, where we highlight some of The Lever’s original reporting and speak with the journalists who wrote the story. Frank Cappello speaks with Rebecca Burns who details their new story published by The Lever:
Amid a financial crime spree and spate of corporate convictions, federal regulators recently floated a proposed fix: strengthening an existing rule designed to bar criminal banks from managing — and profiting off — trillions of dollars of retirement funds.
To read the full story, click here.