Letters to the Editor

The Miami Herald >  Opinion >  Letters to the Editor

Rate fixes nabs bankers and traders

 

Re the Feb 7 article, RBS fined over fixing of rates: Finally, the stockholders aren’t being punished for the wrongdoing of bankers and traders. In this instance it’s because 80 percent of the Royal Bank of Scotland belongs to the British citizens. Regulators should follow their example in the future and punish the traders, and when there is criminal intent they should go after the criminal and not just levy a monetary fine against the bank. Even though RBS isn’t hurting the stockholders by cutting 2012 bonuses, the bank is still punishing some of the wrong people, not just those who fixed the Libor rate.

Steven Z. Levinson, Miami Beach

Read more Letters to the Editor stories from the Miami Herald

  • Briarwood Elementary teacher Mike Murphy comforts Aiden Stuck, 7, as he waits for his mother at the school after a tornado destroyed the school in Moore, Okla.

    The readers’ forum

    Teachers risk their lives

    Between the horrific shooting in Connecticut and the devastating tornado in Oklahoma, schools, tragically, have been at the epicenter of the carnage. In both cases, teachers put their lives on the line to protect their charges, innocent children, by placing themselves between the kids and harm’s way.

  • Congress vs. American people

    The lawmakers are acting shamefully and viciously against our president and Americans.

  • Our families first

    The Pentagon wants $450 million for improving and maintaining the Guantánamo Bay prison. President Obama has made a promise and wants to close the facility that houses cq166 prisoners; however, he has faced opposition from Republican and Democrats in Congress.

Miami Herald

Join the
Discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK
Web Search powered byYAHOO!SEARCH
Search: Horoscopes | Comics & Games | Data Sleuth

  • More Letters to the Editor

  • Videos

  • VIDEO


» More video

  • On Facebook

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category