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It is hard to reconcile this with the fact the governement just rejected a settlement of $12B from Bank of America, and is seeking $17B. They just settled with
by jcampbell1 12y ago
It is hard to reconcile this with the fact the governement just rejected a settlement of $12B from Bank of America, and is seeking $17B. They just settled with JP for $13B.
European banks are getting fined for Illegal tax shelters and violating sanctions, and US banks are getting hammered on mortgage fraud.
I don't see a conspiracy.