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definition for: #bankcrime

April 27, 2013
1 Definition for Hashtag #bankcrime
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As opposed to bank robbery, where one or more persons unlawfully takes money at the point of force or threat of force, bankcrime refers to the owners of the bank who either explicitly violate laws and rules or take inordinately outsized risks using the assets of the bank to make profits. Bankcrime also implies that the scale of the illegal or immoral activity is so large and pervasive that the risk of prosecution is inversely proportional to the size of the bank because such institutions are "too big to fail" and therefore politically immune.
November 8, 2013
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