An Italian banker, Gilberto Baschiera is considered a modern-day Robin Hood. Over the course of 7 years, he secretly diverted 1 million euros to poorer clients from the wealthy ones so they could qualify for loans. He made no profit and avoided jail in 2018 due to a plea bargain.
bankers
Gilberto Baschiera, an Italian banker…
Gilberto Baschiera, an Italian banker, is considered a modern-day Robin Hood. Over the course of 7 years, he secretly diverted 1 million euros to poorer clients from the wealthy ones so they could qualify for loans.
In Dante’s Inferno, bankers were placed in a lower…
In Dante’s Inferno, bankers were placed in a lower rung of hell than murderers because Dante condemned excessive (>10%) of Interest on Loans.
Major banks like UBS, HSBC, and Barclays …
Major banks like UBS, HSBC, and Barclays have been submitting phony numbers, often in concert with each other for years. Together they manipulated world markets, specifically the Libor rate, which controls interest rates worldwide, causing trillions in damage. No banker will spend a day in jail.