InvestorsHub Logo
Followers 36
Posts 3191
Boards Moderated 0
Alias Born 08/29/2010

Re: None

Thursday, 02/09/2017 2:09:59 PM

Thursday, February 09, 2017 2:09:59 PM

Post# of 794297
Barclays CEO told how ugly DOJ system and how unfair US govt approach to overseas banks that were involved in MBS scandal.
https://finance.yahoo.com/news/why-barclays-refuses-to-settle-a-suit-over-the-2008-financial-crisis-183454045.html
IMO, If there was some small part of money of that penalties were going to sustain GSE I would say to DOJ - "You guys are doing a nice job".
However in case with Barclays I would happy to know that no one single cent will go to coffer of DOJ and Treasury.