Author Topic: Banks fined more than $5B, to plead guilty to market rigging  (Read 1290 times)


Emmortal

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #1 on: May 20, 2015, 02:36:13 PM »
$5 billion is nothing, send those fuckers to jail.

latiuss

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #2 on: May 21, 2015, 03:27:38 AM »
Waiting for Skorp1o's assessment of the situation, no one else's opinion on the matter has any clout.

Mr Anabolic

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #3 on: May 21, 2015, 04:22:28 AM »
Notice how these fuckers NEVER go to jail.

Bankers own/control the politicians, judges and all law enforcement.  They don't want just some of the power and control... they want it ALL. 

Now these fuckers are pushing for a cashless/all electronic monetary system... and they'll get it too. 

muscleman-2013

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #4 on: May 21, 2015, 04:51:20 AM »
These fines are PEANUTS to the banks.

ICELAND JAILED THESE FUCKERS - WHOLE COUNTRY GOT PUT ON UK TERROR WATCHLIST FOR IT

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2Thick

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #5 on: May 21, 2015, 02:17:54 PM »
Waiting for Skorp1o's assessment of the situation, no one else's opinion on the matter has any clout.


I beg to differ.


Instead of screwing shareholders by extorting the companies' coffers for billions in "fines", why not simply punish those individual employees of the banks who are guilty of actually doing these things or knowingly condoning them? Restitution / fines, imprisonment if appropriate, etc.
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Thin Lizzy

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #6 on: May 21, 2015, 02:27:39 PM »

I beg to differ.


Instead of screwing shareholders by extorting the companies' coffers for billions in "fines", why not simply punish those individual employees of the banks who are guilty of actually doing these things or knowingly condoning them? Restitution / fines, imprisonment if appropriate, etc.

Not as much money to be made doing it your way. Uncle Sam gotta eat, too.

2Thick

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #7 on: May 21, 2015, 02:28:58 PM »
Not as much money to be made doing it your way. Uncle Sam gotta eat, too.

Uncle Sam eats way too fucking much! That's one of our biggest problems.
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2Thick

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #8 on: May 30, 2015, 12:46:36 PM »
This is what ends up happening when government overreaches - thanks Loretta.

http://www.wsj.com/articles/j-p-morgan-expected-to-lay-off-more-than-5-000-by-next-year-1432834029

Of course any well-managed publicly traded company will do what is in the best interest of the shareholders. Thanks Jamie!

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The Abdominal Snoman

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #9 on: May 30, 2015, 01:05:56 PM »
Notice how these fuckers NEVER go to jail.

Bankers own/control the politicians, judges and all law enforcement.  They don't want just some of the power and control... they want it ALL. 

Now these fuckers are pushing for a cashless/all electronic monetary system... and they'll get it too. 

The system is rigged...These people are so greedy they want all lotteries(powerball/megamillions etc) to go electronically so that their hackers can rig that system. They hate when poor to middle class come into large sums of money because they think it's their money...

2Thick

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Re: Banks fined more than $5B, to plead guilty to market rigging
« Reply #10 on: May 31, 2015, 01:24:45 PM »
The big bankers, hedge funds, and other institutional players pretty much all hate Obama and his hacks, even though most of them gave him millions and helped him get elected twice. Buyer's remorse.

If the big banks actually controlled all of the politicians, you'd see just a few guilty / negligent individuals get fined millions, terminated, imprisoned, etc - not the bank get a $5 billion fine. Dimon, Blankfein, Stumpf, Weill - they'd all rather Romney would have won in '12. Buffett has even taken to speaking out against the Obama admin recently.

Not sure about bankers wanting to rig the big lotteries via hackers because they hate seeing the poor and middle class come into money. That's the first I've heard of that.

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