Today's fines will scare off tomorrow's white knights

Acquirers are being punished for actions they had no control over

david-rowe

Shadowy legal proceedings in the US have led, in recent years, to billions of dollars in business fines for offences such as "contributing to the financial crisis". In late August, The Economist published an excellent analysis of how these acts have undermined the rule of law.1 In many cases, the proceeds of the fines have largely been used to fund the activities of the very prosecutors who effectively sit as both judge and jury in such cases. Unfortunately, the draconian consequences of a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here