Exploring the biggest questions of our time with the help of the world's greatest thinkers. Host Manoush Zomorodi inspires us to learn more about the world, our communities, and most importantly, ourselves.Get more brainy miscellany with TED Radio Hour+. Your subscription supports the show and unlocks a sponsor-free feed. Learn more at plus.npr.org/ted
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#547: How To Punish A Bank
One of the biggest banks in the world, BNP Paribas, is about to be punished. The financial cops are in the middle of deciding what they are going to do. They're trying to figure out how to punish a bank in a way that actually makes it change. There are some standard ways to punish a bad bank. Fines are the first thing every regulator and judge tries. There's also getting the bank to admit guilt. Now they might try something never done before. Today on the show: how to punish a bank.