Unlike US, Ireland Just Sent Three Bankers to Jail for Role in 2008 Crisis

Unlike US, Ireland Just Sent Three Bankers to Jail for Role in 2008 Crisis

A Dublin court has sent three former senior banking executives to jail for committing “sham transactions” in an effort to deceive customers and shareholders during the 2008 financial crisis.”The trio will be among the first senior bankers globally to be jailed for their role in the collapse of a bank during the crisis,” as Reuters reports.