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TBF

(36,090 posts)

30. Bingo. K&R to your comment. nt

Reply to Shamash (Reply #19)

Wed May 20, 2015, 12:56 PM

May 2015

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Breaking - 5 Banks to Pay Billions and Plead Guilty in Currency and Interest Rate Case [View all] malaise May 2015 OP

Yes it's good that Obama came down on them this time el_bryanto May 2015 #1

Agreed malaise May 2015 #2

If they were doing that, imagine what they also did and are still doing. nt ChisolmTrailDem May 2015 #3

All well and good Faux pas May 2015 #4

+1 CharlotteVale May 2015 #13

SEC files civil cases, uses financial settlements as punishment. dixiegrrrrl May 2015 #20

Tht is one of the big problems with SEC enforcement. hifiguy May 2015 #22

Isn't it also a tax writeoff? BrotherIvan May 2015 #45

Probably. hifiguy May 2015 #57

Beyond all logical reason Faux pas May 2015 #59

Plead guilty to antitrust violations Sanity Claws May 2015 #5

Shitty Group and JP Morgan yes 1939 May 2015 #7

Doubt it but we can hope malaise May 2015 #10

K & R !!! WillyT May 2015 #6

Juicy, delicious crow is now being served in the lounge. Come and get it DU! tridim May 2015 #8

ROFL malaise May 2015 #9

No jail, no juice. johnnyreb May 2015 #15

$5 Billion each? Oh, no...$5B total...after they made how many billions illegally? Moostache May 2015 #17

Not to mention the tax breaks for paying these fines, another words for the lost mrdmk May 2015 #29

+1 nt F4lconF16 May 2015 #32

Dear Malaise- How many are going to jail? n2doc May 2015 #11

+1 CharlotteVale May 2015 #14

Wish I knew although I'd prefer them to malaise May 2015 #16

I would be fine with either n2doc May 2015 #18

Bring back the stocks and the pillory. hifiguy May 2015 #23

That will go down as the single best sign hifiguy May 2015 #37

If they cannot find this chump change in the sofa FlatBaroque May 2015 #12

If 5 billion is less than the profits they made it's not a fine, it's a business expense. n/t Shamash May 2015 #19

Bingo. K&R to your comment. nt TBF May 2015 #30

That's simply 1 Billion per bank. closeupready May 2015 #31

This. F4lconF16 May 2015 #33

+1000 nt Mojorabbit May 2015 #50

FAR less-- the scale of this particular fraud is almost unfathomable. Marr May 2015 #53

Cost of doing business, they made much more than the fine I am sure. Dustlawyer May 2015 #21

I'm just going to leave this here... Make of it what you will... Glassunion May 2015 #24

And therein lies the problem malaise May 2015 #25

For contrast... You know... To be fair. But for me, I prefer the company of others. Glassunion May 2015 #26

By a distance malaise May 2015 #27

As I asked in another thread about this... malthaussen May 2015 #28

Yes. From HuffPo: okaawhatever May 2015 #51

Well, that's interesting. malthaussen May 2015 #55

So this is going to stop the banks from cheating and stealing how?! Dont call me Shirley May 2015 #34

It is barely a speed bump. hifiguy May 2015 #36

And then they get the tax write off for their fine and voila not one cent of the fine paid Dont call me Shirley May 2015 #41

If you haven't read Nomi Prins' "It Takes A Pillage" yet hifiguy May 2015 #42

Heard her speak many times on DN and FSTV. She is a treasure, not stealing treasures like her Dont call me Shirley May 2015 #43

that little thing at the end is why everyone makes fun of BOGers as cultists MisterP May 2015 #35

who's going to jail onethatcares May 2015 #38

^^THIS. n/t PowerToThePeople May 2015 #40

We Need Perp Walks colsohlibgal May 2015 #39

Fines come out of shareholders' hide. moondust May 2015 #44

But how can we send a bank to jail? Oilwellian May 2015 #46

Their bosses should be in jail n/t malaise May 2015 #47

Anyone going to jail?..nt Jesus Malverde May 2015 #48

Cost of doing business - not "huge" hatrack May 2015 #49

When they pay fines for this type of crimes where does the money go? jwirr May 2015 #52

k&r.... spanone May 2015 #54

Incorrect. Not huge. Orsino May 2015 #56

Not particularly praiseworthy LondonReign2 May 2015 #58