Originally posted by whodey
So who is going to jail Robbie? Who will lose their job? LOL.
It's like GM. Bail them out, sue them for criminal activity and ask for the money back, bail them out, sue them for criminal activity and ask for the money back, bail them out...
Do you notice a pattern here Robbie?
These chaps are simply too big to fail, don't ya know What would t ...[text shortened]... nds to help them win year after year? After all, Hillary is in the poor house and needs funds!!
GM is one thing whodey but here we are talking about corporate fraud, not merely mismanagement. I am trying to understand why no criminal charges have been brought? If you engage in fraud surely its a felony and you should be prosecuted? Why have none of the individuals involved in this fraud ever been brought to justice? Not only have they kept the proceeds of their fraud in terms of salary and bonuses they remain at large. If you or I commit a fraud will we not be prosecuted as an act of criminality. If the US state department has said that this ruling does not mitigate the criminality why have no criminal charges being brought to bear?
$1.9bn HSBC, money-laundering lapses
$1.5bn UBS, Libor rigging
$920m JPMorgan, trading scandal
$780m UBS, aiding tax fraud
$667m Standard Chartered, breaching sanctions
$619m ING, breaching sanctions
$612m RBS, Libor manipulation
$550m Goldman, misleading investors
$536m Credit Suisse, breaching sanctions
$500m ABN Amro, breaching sanctions
$451m Barclays, Libor manipulation
How many of the individuals involved in the above have faced criminal charges?