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It's my opinion that big banks are good for nothing. yes, I do believe people should take a little moral inventory before joining an institution that has a hist
by cityzen 8y ago
It's my opinion that big banks are good for nothing. yes, I do believe people should take a little moral inventory before joining an institution that has a history of penalties like this:
Top 10 Primary Offense Types
toxic securities abuses
$13,450,500,000
mortgage abuses
$5,411,600,000
banking violation
$4,012,350,341
anti-money-laundering deficiencies
$2,161,000,000
False Claims Act
$614,000,000
foreign exchange market manipulation
$550,000,000
consumer protection violation
$520,500,000
investor protection violation
$434,054,000
securities issuance or trading violation
$427,324,210
energy market manipulation
$410,000,000
this is the top 10. That is around 27 billion in penalties for non-trivial violations.
You can download every one of these records here: https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase https://violationtracker.goodjobsfirst.org/parent/jpmorgan-c...
- Lkjhmnbv 8y agoSo you agree with Steve Bannon. I'm not saying you're wrong, I'm saying you're over generalizing. And you would never accept other generalizations like the one you're making. For instance the democratic party is good for nothing because Anthony weiner is in jail for soliciting sex with a minor. You could make that argument. Still too one sided.