Bankers Are Held Accountable for Their Actions

Banking has become a tough business, and it is not getting any easier from a liability point of view. Recent statements regarding the “too big to jail” theory articulated by U.S. Attorney General Eric Holder have reignited debate over “too big to fail”. But it has also raised questions and perhaps suggestions about whether individuals – directors and officers and employees of banks – who caused losses are being held accountable, even if actions against their companies aren’t feasible. To read the full analysis, please click here.