Venezuelan Brokers to Return to Market That Sent Them to Jail

Four bankers from Econoinvest served two years and seven months in jail without ever being tried or convicted when the law was changed after they were arrested and applied to them retroactively,” said Russ Dallen, the head trader at Caracas Capital Markets. “In the sad comedy of errors that Venezuela’s economic management has become, the charges against the bankers were dropped when the law was changed again in January of this year.” More...