Portside

Former Irish Life and Permanent Chief Executive Denis Casey was sentenced to two years and nine months following the 74-day criminal trial, Ireland's longest ever. Banks in the United States and Britain have paid billions of dollars in fines and settlements connected to wrongdoing over their handling of subprime loans that helped cause the crisis. But no senior industry executives in those countries have been sent to jail.

Santa Cruz County’s Board of Supervisors recently suspended all business with the five giant banks, including JPMorgan Chase and Citicorp, who recently pleaded guilty to felony charges of criminal collusion. While the small California county’s portfolio is only valued at $650 million, Santa Cruz County Supervisor Ryan Coonerty says he’ll be contacting other local jurisdictions to urge them to follow Santa Cruz County’s lead.