“Business culture in the banking industry is favoring, or at least tolerating, fraudulent or unethical behaviors.”
That’s what Ernst Fehr told reporters in a telephone interview this week.
Fehr is an economist at the University of Zürich in Switzerland who co-led a study about business behavior.
Fehr’s study proves what we’ve all long knew – but it wasn’t the only piece of news last week that demonstrates the crookedness of bankers.
Today I’ll show you how Wall Street‘s manipulations are affecting the prices we pay for everything from the cars we drive to our pots and pans.