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Big Bank ‘Crime of the Century’ Results in Guess What? No Jail Time for Anyone

Big Bank ‘Crime of the Century’ Results in Guess What? No Jail Time for Anyone

Published on Friday, April 24, 2015 by Common Dreams by Deirdre Fulton, staff writer While corporate watchdogs hailed the record $2.5 billion settlement paid by Deutsche Bank to U.S. and U.K. authorities for its rate-rigging role in the massive LIBOR scandal, some noted that the fine—while large—suggests that some institutions are still considered “too big to jail.” Authorities announced Thursday […]

What Is She Doing Right? Report Says Wall Street Ready to Punish Dems over Elizabeth Warren

What Is She Doing Right? Report Says Wall Street Ready to Punish Dems over Elizabeth Warren

Published on Friday, March 27, 2015 by Common Dreams by Jon Queally, staff writer What could she possibly be doing right? According to exlusive reporting by Reuters on Friday, big Wall Street banks are so upset with Elizabeth Warren’s call to “un-rig” the economy and proposals for stronger financial regulations that discussions are underway about withholding campaign contributions to […]