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Pussification of America/ Nothing to see here - thread deleted?
- Thread starter the janitor
- Start date
#bankerslivesmatter <script type='text/javascript' src='http://public.tableau.com/javascripts/api/viz_v1.js'></script><div class='tableauPlaceholder' style='width: 504px; height: 1271px;'><noscript><a href='#'><img alt='banks ' src='http://public.tableau.com/static/images/ba/bankfines-I/banks/1_rss.png' style='border: none' /></a></noscript><object class='tableauViz' width='504' height='1271' style='display:none;'><param name='host_url' value='http%3A%2F%2Fpublic.tableau.com%2F' /> <param name='site_root' value='' /><param name='name' value='bankfines-I/banks' /><param name='tabs' value='no' /><param name='toolbar' value='yes' /><param name='static_image' value='http://public.tableau.com/static/images/ba/bankfines-I/banks/1.png' /> <param name='animate_transition' value='yes' /><param name='display_static_image' value='yes' /><param name='display_spinner' value='yes' /><param name='display_overlay' value='yes' /><param name='display_count' value='yes' /><param name='showVizHome' value='no' /><param name='showTabs' value='y' /><param name='bootstrapWhenNotified' value='true' /></object></div>
Those children look like communists to me.ifallalot said:Are you fucking kidding me?
Did someone's safe space get violated when I talked about the needed execution of bankers?
People on the erBB are way too sensitive. Maybe someone threatened to start harassing people at work again.
I really put a lot into my posts on that thread. I'm sure we all did.
...sad to see them go.
WHO DID IT?
...sad to see them go.
WHO DID IT?
not sure where the running tally stands now, but hey, what's a few billion in fines amongst friends right?
Wells Fargo admits deception in $1.2 billion U.S. mortgage accord: "Wells Fargo & Co (WFC.N) admitted to deceiving the U.S. government into insuring thousands of risky mortgages, as it formally reached a record $1.2 billion settlement of a U.S. Department of Justice lawsuit.....Wells Fargo on Feb. 3 said the settlement would reduce its previously reported 2015 profit by $134 million, to account for extra legal expenses."
This appears to cover stuff Wells Fargo did, as well as stuff companies they acquired committed. I'd love to see the accounting showing how a 1.2 billion fine = a profit reduction of $134 million
http://www.reuters.com/article/us-wellsfargo-settlement-idUSKCN0X52HK
Goldman Sachs Resolves U.S. Mortgage Probe for $5.1 Billion - "Goldman Sachs Group Inc. will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans weren’t properly vetted before being sold to investors as high-quality bonds.
New York-based Goldman Sachs, which announced details of the accord in January, will pay a $2.39 billion civil penalty, make $875 million in cash payments and provide $1.8 billion in consumer relief, according to a Justice Department statement.
“This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail,” said Acting Associate Attorney General Stuart Delery."
http://www.bloomberg.com/news/articles/2016-04-11/goldman-to-pay-5-1-billion-to-settle-u-s-mortgage-bond-probe
Two conspicuous items missing from the press coverage thus far:
1. How much profit did the firms make when committing the activities in question? I'm guessing the totals far, far exceed the fines they've agreed to pay, plus the legal costs to reach these settlements.
2. [size:16pt]Prison sentences[/size]
but by all means, let's keep at the partisan politics and culture wars, cause my team of bait and switch blowhards are WAY better than yours
:cussing:
Wells Fargo admits deception in $1.2 billion U.S. mortgage accord: "Wells Fargo & Co (WFC.N) admitted to deceiving the U.S. government into insuring thousands of risky mortgages, as it formally reached a record $1.2 billion settlement of a U.S. Department of Justice lawsuit.....Wells Fargo on Feb. 3 said the settlement would reduce its previously reported 2015 profit by $134 million, to account for extra legal expenses."
This appears to cover stuff Wells Fargo did, as well as stuff companies they acquired committed. I'd love to see the accounting showing how a 1.2 billion fine = a profit reduction of $134 million
http://www.reuters.com/article/us-wellsfargo-settlement-idUSKCN0X52HK
Goldman Sachs Resolves U.S. Mortgage Probe for $5.1 Billion - "Goldman Sachs Group Inc. will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans weren’t properly vetted before being sold to investors as high-quality bonds.
New York-based Goldman Sachs, which announced details of the accord in January, will pay a $2.39 billion civil penalty, make $875 million in cash payments and provide $1.8 billion in consumer relief, according to a Justice Department statement.
“This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail,” said Acting Associate Attorney General Stuart Delery."
http://www.bloomberg.com/news/articles/2016-04-11/goldman-to-pay-5-1-billion-to-settle-u-s-mortgage-bond-probe
Two conspicuous items missing from the press coverage thus far:
1. How much profit did the firms make when committing the activities in question? I'm guessing the totals far, far exceed the fines they've agreed to pay, plus the legal costs to reach these settlements.
2. [size:16pt]Prison sentences[/size]
but by all means, let's keep at the partisan politics and culture wars, cause my team of bait and switch blowhards are WAY better than yours
:cussing:
