Nick Leeson on the financial crisis: Why is nobody being sent to jail?

Guardian: “I was imprisoned for my role in Barings’ collapse. Who will face justice for this recklessness today?” “The world’s world’s financial markets remain at the eye of a perfect economic storm. The architects of this almighty financial sell-off? The banks themselves. The markets are in complete disorder, yet they remain unable to solve the situation themselves, and so go looking for a public sector bailout. Risk management, the buzz word of the financial markets since the collapse of Barings Bank in 1995, is clearly an oxymoron.”