...The Justice Department is preparing to announce that Barclays, JPMorgan Chase, Citigroup and the Royal Bank of Scotland will collectively pay several billion dollars and plead guilty to criminal antitrust violations for rigging the price of foreign currencies, according to people briefed on the matter who spoke on the condition of anonymity. Most if not all of the pleas are expected to come from the banks’ holding companies, the people said — a first for Wall Street giants that until now have had only subsidiaries or their biggest banking units plead guilty...Since corporations are people shouldn't some body be going to prison?
Friday, May 15, 2015
Felony Skating
Five Big Banks Pleading Guilty to Felony Charges Will Continue Business as Usual - Truthdig:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment