A Quick Way to Deal With Errant Finance Executives
There are plenty of candidates to choose from and plenty of protests have taken place…
But no-one has really come up with a sensible plan to reign in the naughty finance executives who helped precipitate the financial crisis. In Europe and America ruling politicians like to shout loudly, quietly pander to lobbyists and then tinker at the edges.
Meanwhile, North Korea just executes them:
Guardian: North Korea has executed a senior official blamed for currency reforms that damaged the already ailing economy and potentially affected the succession, a news agency in South Korea reported today.
Pak Nam-gi was killed by firing squad last week, said Yonhap, citing multiple sources. The Workers party chief for planning and the economy had not been seen in public since January.
Anyone seen Fred Goodwin lately?
