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#42 Planet Money: Scandals To Remember

#42 Planet Money: Scandals To Remember

Planet Money vor 17 Jahren

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What happens when you take giant international corporations and try to give them a single regulator? Mike Roster, a bank regulatory lawyer, says you get a whole lot of folks being overly polite. Part of the problem, Roster says, is that people too quickly forget the disasters of the past.

Plus: Before there was Bernie Madoff, there was Ivar Krueger. In his new book, The Match King: The Financial Genius Behind a Century of Wall Street Scandals, Frank Partnoy reveals a riot of scandal that we'd all do well to remember.