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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 […]