A bit pedantic but, at the bottom of [2] it says Net Income for JP Morgan was $21b for 2012 and the settlement for $13bn was in 2013. Looks like BoA's amount wa

A bit pedantic but, at the bottom of [2] it says Net Income for JP Morgan was $21b for 2012 and the settlement for $13bn was in 2013. Looks like BoA's amount was indeed over their previous years net income. Is one years net income really enough? How many billions are the american tax payers on the hook for due to their behavior? They're also getting free money from QE which doesn't seem that punitive. Admittedly I don't know all that much about finance or monetary policy. On your other point it would be interesting to see if a new Justice department under someone other than Holder does anything differently. Does anyone know the length on the statue of limitations of the sort of crimes they're accused of criminally?