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« Drinker Biddle Lands International Trade Group from Hunton & Williams | Main | The Morning Wrap »

August 18, 2010

Comments

Mike

Let's look at DOJ's Press Release in light of the settlement. According to the Department of Justice, Barclay's broke the law for 10 years. They are paying a $298 million fine.

Barclay's paid approximately $28 million per year to violate the law.

Anyone think Barclay's didn't make several times that amount in profits?

This settlement is a disgrace. Yet again, big banks can treat settlements with the Department of Justice as a mere cost of doing business. Ordinary Americans, however, go to prison for similar conduct.

anti_fascist_freedom_fighter

Um... They DID get a pass... Judge Sullivan is a co-conspirator, along with the justice department, along with the prosecutor... SAME OLD SAME OLD. I mean, FORGIVE ME, but "The government was unable to identify a person for prosecution..." give me a break... my sides hurt I'm laughing so hard at that one! Haww Haww Hawwww!

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