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bankfines
Source: BV, FT

 

This morning we discussed the danger that arises from merely fining banks instead of prosecuting them for violating laws.

Since the news cycle is focusing on the potential multibillion-dollar fines for BNP Paribas SA and Bank of America Corp., let’s have a look at the amount of those potential fines in some context: Continues here

 

 

Category: Bailouts, Credit, Crony Capitalists, Legal

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