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Russian Bank Scandal

On October 6, 1999 the news hour with Jim Lehrer air a focus topic called “Following the Money”. This focus discussion dealt with the . This scandal deals with the transfer of about seven billions dollars out of the Bank of New York to companies with Russian associations. Robert O’Harrow , a banking expert for the Washington Post, believes that this scandal will become a serious policy issue. Base on his conclusion of this becoming a serious problem, one may see that there are problems in the banking structure of the United States. In fact there has to be a pro ....

Word count: 550 - Page count: 2

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