Declaring that the “business model of Wall Street is fraud”, the Democratic presidential hopeful also fleshed out longstanding promises to jail bank executives and introduce a sweeping new transaction tax on speculation.

“Greed, fraud, dishonesty and arrogance, these are the words that best describe the reality of Wall Street today,” Sanders told supporters in midtown Manhattan. “To those on Wall Street who may be listening today, let me be very clear. Greed is not good. In fact, the greed of Wall Street and corporate America is destroying the fabric of our nation.”