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Re: pross2 post# 17763

Thursday, 08/07/2014 4:24:46 PM

Thursday, August 07, 2014 4:24:46 PM

Post# of 21090
They don't have any pull with the DOJ. JPM didn't get off even though Jamie Dimon gave/gives millions to the DNC. Fact is the DOJ marches to their own drum. They have to come up with fines in order to keep the bureaucracy in the news. Granted, all this DOJ extortion on the WS banks is primarily funding its operations, but the FCPA division hasn't had any big wins lately. Not saying they will with HDY.

Note: I expect them to wrap up their investigation this fall. It usually takes a year and I can't see how the paperwork is that volumnious for HDY.