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dipsydoodle

(42,239 posts)

2. But don't forget

Reply to DCKit (Reply #1)

Sat Jul 21, 2012, 03:48 AM

Jul 2012

that, outside of the fines , cases can only be brought in the US against banks listed on the NY stock exchange. Other banks would need to be sued in the countries in which they are listed - Barclays in London for example. US lawyers might not find that to be particularly enthralling.

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Banks in Libor probe consider group settlement [View all] dipsydoodle Jul 2012 OP

They'l pay no more than 10% of what they stole. DCKit Jul 2012 #1

But don't forget dipsydoodle Jul 2012 #2

This will never stop until prison is part of the deal Angry Dragon Jul 2012 #3

18 months in prison is nothing when you come out with a billion to spend. DCKit Jul 2012 #4

5 to 10 years minimum Angry Dragon Jul 2012 #5

Group settlement is a means to avoid discovery..... lostnote12 Jul 2012 #6