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Contextualizing Bank Fines

Posted By Barry Ritholtz On June 6, 2014 @ 1:30 pm In Bailouts,Credit,Crony Capitalists,Legal | 1 Comment

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bankfines [1]
Source: BV [2], FT

 

This morning we discussed the danger that arises from merely fining banks [3] instead of prosecuting them for violating laws.

Since the news cycle is focusing on the potential multibillion-dollar fines [4] 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 [2]

 

 


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2014/06/contextualizing-bank-fines/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/06/bankfines.png

[2] BV: http://www.ritholtz.com/blog http://www.bloombergview.com/articles/2014-06-06/putting-bank-fines-in-context-ritholtz-chart

[3] merely fining banks: http://www.bloombergview.com/articles/2014-06-06/fining-banks-is-only-half-the-job

[4] multibillion-dollar fines: http://www.bloombergview.com/articles/2014-06-05/banks-that-can-t-pay-the-fine-shouldn-t-do-the-crime

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