Top 10 op risks: culture of complicity
The ninth in our series of top 10 op risks for 2014 looks at culture of complicity. Criminal investigations have revealed disturbing common features in many recent scandals
One of the most striking aspects of the various financial malpractice investigations of the past few years is that the perpetrators never really seem to worry about the consequences of what they're doing. Eavesdropping on the conversation of a car thief or a terrorist may reveal someone who believes what he's doing is justified, but he will generally also display some sort of awareness of the risk of being caught.
But rogue traders and Libor riggers seem quite happy to discuss their activities
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