DOJ punishes big banks, says cabal colluded to rig markets
Clip: 5/20/2015 | 6m 9s
DOJ gets unprecedented guilty plea by five banks for rigging currency markets
Five major banking institutions pleaded guilty to rigging currencies and manipulating the foreign exchange market in a case brought by the Department of Justice and other authorities. The banks were accused of manipulating the world's largest and least-regulated trading market, and have agreed to pay more than $5 billion in total. Judy Woodruff learns more from Keri Geiger of Bloomberg News.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
DOJ punishes big banks, says cabal colluded to rig markets
Clip: 5/20/2015 | 6m 9s
Five major banking institutions pleaded guilty to rigging currencies and manipulating the foreign exchange market in a case brought by the Department of Justice and other authorities. The banks were accused of manipulating the world's largest and least-regulated trading market, and have agreed to pay more than $5 billion in total. Judy Woodruff learns more from Keri Geiger of Bloomberg News.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...