4 ms·
> Given the bank's size, it appears that it and some of its peers are too big to jail because they are too big to fail. Instead they got fined for less than 0.
by read_if_gay_ 5y ago
> Given the bank's size, it appears that it and some of its peers are too big to jail because they are too big to fail.
Instead they got fined for less than 0.1% of their total holdings.
The system doesn’t work. This is not a consequence.