[jaynos]

>Would you be a bank CEO if it meant jail if one of your 100,000 employees was caught laundering cash or passing on insider information?

IF that was actually a risk, I might consider it, but thanks to the Holder Memo, we have "Too big to jail".

"Kareem Serageldin was an executive at Credit Suisse who was described by friends as an “investment-banking monk.”[1] As of April 30, 2014, Serageldin was also the “only Wall Street executive prosecuted as a result of the financial crisis” that triggered the Great Recession.[2] On Friday, November 22, 2013, Serageldin—the former Managing Director/Global Head of Structured Credit in the Investment Banking Division of Credit Suisse Group—was sentenced to 30 months in prison in connection with a scheme to hide more than $100 million in losses in a mortgage-backed securities trading book at Credit Suisse.[3] Serageldin also agreed to give back $25.6 million in compensation to Credit Suisse, and was later ordered to pay more than $1 million to settle an SEC lawsuit." [1]

[1] https://en.wikipedia.org/wiki/Kareem_Serageldin