Posts Tagged ‘ fraud ’

Too big to jail (by Simon Johnson)

February 28, 2012

Simon Johnson, former chief economist of the IMF, and co-founder of a leading economics blog, BaselineScenario, a professor at MIT Sloan, and senior fellow at the Peterson Institute for International Economics published recently published “Too big to jail” on project-syndicate. Though I highly recommend to read the whole article, the first paragraph sums it up quite nicely: Among the fundamental principles of any functioning justice system is the following: Don’t lie to a judge or falsify documents submitted to a court, or you will go to jail. Breaking an oath to tell the truth is perjury, and lying in official documents…

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