Put Currency Cheats on Trial. Some countries did it, some not

The currency-rigging scandal that saw five banks fined $3.3 billion today has also prompted the Bank of England to dismiss its chief trader in the market. His departure is further evidence of the culture of collusion that’s infected the world of finance and is unlikely to change until more people are prosecuted for wrongdoing.

http://www.bloombergview.com/articles/2014-11-12/put-currency-cheats-on-trial?alcmpid=view

<p>Money is a confidence trick. Discuss.</p><br />
 Photographer: Scott Eells/Bloomberg

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