BONN -- White-collar crime continues to reinvent itself in newer and ever more devastating ways. In a recent such case in Germany, socialism presents itself again the foe of all financial institutions and wealth.
One female bank employee in her 60s laundered more than $11 million from the accounts of wealthy clients to their less affluent counterparts. The resulting overdrafts caused the bank losses in over $1.5 million, on top of the millions stolen from the wealthy.
The communist "Robin Hood" approach to wealth distribution is just not applicable in real life, argues the World Trade Foundation (WTF). Traditional economics dictates that equal distribution of wealth would terminate all trade, eliminating the principal source of positive relations in the world of foreign policy.
The WTF firmly believes that this woman's breach of wealthy, deserving clients' trust should be punished thoroughly to discourage any such happenings in the future. The Foundation was disgusted to learn that the employee will simply be fired and served a 22-month suspended sentence.
Related reading: http://news.bbc.co.uk/2/hi/europe/8376532.stm
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