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Please, the handful of irregularities they found at LC doesn't begin to amount to the shady stuff large banks have been caught doing. More importantly if you a
by pmorici 10y ago
Please, the handful of irregularities they found at LC doesn't begin to amount to the shady stuff large banks have been caught doing. More importantly if you are a regular investor in LC loans none of the things found have caused investors in LC notes to lose money.
- ben_jones 10y agoAgreed as much as I love ragging on unicorns LC did not complicity launder money for Mexican drug cartels [1]. [1]:http://www.huffingtonpost.com/avinash-tharoor/banks-cartel-money-laundering_b_4619464.html http://www.huffingtonpost.com/avinash-tharoor/banks-cartel-m...
- rando18423 10y agoWhy not just group the fraudsters and the gangsters together like we normally do? These banks have had about 15x as much time to make that mistake, to me it looks like LC was headed that route.
- deleted 10y ago[deleted]
- rando18423 10y agoreally? I think if the justice department could prove personal fraud by one of the bank CEOs they'd be alllll over that.