The Hill’s Congress Blog: “Shareholders should not be prosecuted for the sins of the board and employees”

“Many people were getting in their licks yesterday as the Committee on Banking, Housing, and Urban Affairs gave three top government officials a tongue lashing about the way they are not handling the failure of major financial institutions to comply with two complex regulations governing money laundering and sanctions,” writes John Alan James of Pace University’s Lubin School of Business.

“Many people were getting in their licks yesterday as the Committee on Banking, Housing, and Urban Affairs gave three top government officials a tongue lashing about the way they are not handling the failure of major financial institutions to comply with two complex regulations governing money laundering and sanctions,” writes John Alan James of Pace University’s Lubin School of Business.

Read his op-ed on The Hill’s Congress Blog.

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