12-12-2012, 08:29 AM
The 'fine' was just the cost of doing business...and cost them only 1% of current net assets. No one went to jail....which is obscene and strange in the extreme! [a pattern followed with all the other bank crimes]. They will simply pass the slight loss on to their customers and suffer nothing at all, but a bit of their reputation. Notice, however, that their stock went UP, not down after the fine! A sure sign of the fact it was not punitive in any real sense. They and the other banks will continue doing what they have been, but find better ways of hiding it though cut-outs.
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass