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Directors of financial institutions should be subject to professional certification standards like those for pilots or nurses, says Stephen Platt, author of "Criminal Capital: How the Finance Industry Facilitates Crime."
February 17
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Financial industry reforms place too much emphasis on risk control systems, missing the importance of influencing people's behavior, says Stephen Platt, author of "Criminal Capital: How the Finance Industry Facilitates Crime." He also discusses why clawbacks of banker pay, bonus caps and large fines against institutions that fail to deter to reckless conduct.
February 10
