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Wall St execs should have been jailed

FORMER Federal Reserve chairman Ben Bernanke says the Wall Street executives responsible for triggering the GFC should have been jailed.

FORMER Federal Reserve Chairman Ben Bernanke says some Wall Street executives should have gone to jail for their roles in the financial crisis that gripped the country in 2008 and triggered the Great Recession.

BILLIONS of dollars in fines have been levied against major banks and brokerage firms in the wake of the economic meltdown that was in large part triggered by reckless lending and shady securities dealings that blew up a housing bubble.

Original URL: https://www.news.com.au/finance/business/wall-st-execs-should-have-been-jailed/news-story/e7ef78995bd74f796b07fcfd4df14116