Are 'Too Big to Fail' Banks Now 'Too Big to Jail?'

May 6 (Bloomberg) -- So far large banks that break the law have been able to avoid criminal prosecution by agreeing to settlements and paying large fines. However, that approach has been heavily criticized. Now Preet Bharara, the U.S. Attorney for the Southern District of New York, appears ready to change course. Bloomberg's Sam Grobart takes a look at the complicated task of prosecuting a big bank.

Honeywell CEO Cote: Why Free Trade Is Good for U.S.
18:39 - David Cote, chairman and chief executive officer at Honeywell, explains why trade is important to his company and the U.S. economy, the populist backlash against free trade in America, and what he is looking for in the next U.S. president. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
  • Honeywell CEO Cote: Room to Go on Acquisitions
  • Honeywell CEO Cote: Government Needs to Do Its Job
  • Equity, Credit, and Market Fears of a U.S. Recession