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U.S. Poised to Announce $13 Billion JPMorgan Settlement (nytimes.com)
1 point by scg on Nov 19, 2013 | hide | past | favorite | 1 comment


Yet again, this is just the cost of doing business, and no one is going to prison.

If what they didn't wasn't so illegal, they wouldn't be paying $13 billion to settle. If they settled for that much, the damage to them, either the bank itself, or the executives could've been 10x greater if they went to trial.




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