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Let the Bankers Play Golf: Bring Back Three-Six-Three


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Let the Bankers Play Golf: Bring Back Three-Six-Three

Russell Mokhiber

It used to be that your friendly local banker would abide by the three, six, three rule.

The banker would borrow money at three percent, loan it out at six percent, and be at the golf course by three in the afternoon.

William Quirk is a Professor at the University of South Carolina School of Law.

Quirk says - bring back three six three.

"I would put them back on the golf course at three p.m. - where they are not going to be doing that much harm," Quirk told Corporate Crime Reporter in an interview.