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The SEC put a grand total of zero people in jail for the financial crisis. The SEC put a grand total of zero people in jail and fined Wells Fargo 22 hours worth
by situational87 7y ago
The SEC put a grand total of zero people in jail for the financial crisis. The SEC put a grand total of zero people in jail and fined Wells Fargo 22 hours worth of revenue after they blatantly committed fraud and stole from nearly every customer they had FOR DECADES.
Why on earth do you think they will start being effective at enforcement, now, all of a sudden, in 2019?
- mlrtime 7y agoThey also didn't put any individual home owners in jail for falsifying mortgage documents. They had the upside available and simply filed for bankruptcy.
- situational87 7y agoYeah those damn poor people falsifying all those documents, that was the real problem all along! Can you believe some poor people even have running water and electricity?!?! The gall of these people is beyond the pale. Find better websites to read, don't repeat this nonsense.