The bank chairman could be sentenced up to a year in prison, may also have to pay a $100,000 fine, and is barred from future work in the financial services industry.
Olivier Desbarres was fired from his job as a senior Singapore-based banker at Barclays after a video surfaced of him berating and threatening a group of construction workers who were on a job near his home, The Wall Street Journal
An indictment filed on Thursday in federal court in Charlotte, North Carolina charged the former head of Bank of America’s municipal derivatives desk, Phillip Murphy, with conspiracy to defraud the U.S, wire fraud, and conspiracy to make
Wall Street bankers and other financial and corporate "fat cats" are beginning to feel picked on and lonely, and they're not going to take it anymore. However, they may be hanging themselves with their own quotes that shall live forever in infamy.