, Columnist
Levine on Wall Street: Mostly Fraud
Seriously this goes: Russia sanctions, TARP fraud, general fraud, broker conflicts of interest, bunk science, low-income banking, bank capital, insurance fraud, business schools.
There might be serious EU sanctions on Russia.
One proposal would "ban all Europeans from purchasing any new debt or stock issued by Russia’s largest banks," the ones controlled by the state. On the other hand Russian sovereign bonds would not be banned, "out of fear the Kremlin could retaliate by ordering an end to Russian purchases of EU government debt." Obviously it's a lot more satisfying to sanction little countries with whom you don't have any mutual trade dependence.
