Quote:
Originally Posted by soopaman2
I would be willing to bet they made 3 times as much when they were manipulating the interest rates.
In America (I know this don't apply in this case) corps are people.
Since they are people, maybe they can see jailtime, If I had a joint, or a drove drunk I would rightfully see a jail cell. How come all these jokers get is a fine, that they dump the costs on the customers anyways...
They lose nothing, fees will just go up to fund this settlement.
Government wins, company loses nothing, consumers suffer. Ahhh, how that Ayn Rand capitalism thingy workin out for ya?
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Barclays Bank and a few others were involved in manipulating the LIBOR system and admitted as such, the fines on Barclays were so paltry they amounted to something like four days profits
