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Re: JohnCM post# 89343

Thursday, 11/20/2014 7:32:40 AM

Thursday, November 20, 2014 7:32:40 AM

Post# of 91118
No, this is as bad as it gets....and the companies sre still operating; management still unpunished and of course, the public still getting a fleecing.

The DOJ collected a record $24.7B in penalties from civil and criminal actions in fiscal year 2014, as fines against banks for financial misconduct soared. "It shows the fruits of the Justice Department’s tireless work in enforcing federal laws...and in holding financial institutions accountable for their roles in causing the 2008 financial crisis,” said Attorney General Eric Holder. Collections from civil and criminal actions were $8B in 2013, and $13B in 2012.