American Scammers and Hypocrisy

[QROPS]

Jimbeaux said:

QROPS said:

Matt Harper said:

You are all our bhes.

Well you were our bhes until you asked the French to come and wipe your arses.

This is going to go well, obviously.

I was only interjecting with a fact, no malicious intent was intended toward our "friends" across the pond for needing back up from frog eating surrender monkeys!

[Jimbeaux]

QROPS said:

Jimbeaux said:

QROPS said:

Matt Harper said:

You are all our bhes.

Well you were our bhes until you asked the French to come and wipe your arses.

This is going to go well, obviously.

I was only interjecting with a fact, no malicious intent was intended toward our "friends" across the pond for needing back up from frog eating surrender monkeys!

None taken; au revoir!

[unrepentant]

Du1point8 said:

They fined every foreign bank they could that looked like they had any accounts that could be linked to money laundering in the US... No US banks at all.

They fined BP a crap load of money and payments are still ongoing, this despite the fact companies whose equipment failed or was faulty (and onsite) were US companies and they got let off scott free.

They get into deals with other countries for their technology, they after buying there is usually a patch that needs upgrading, at that stage the US refuse to sell the patch or release source code.

Its like dealing with the mafia... look after oneself no matter the costs.

Yeah, they never go after their own........

Note the words "record" and "penalty".


http://www.usatoday.com/story/money/business/2014/...

[anonymous-user]

unrepentant said:

Yeah, they never go after their own........

Note the words "record" and "penalty".


http://www.usatoday.com/story/money/business/2014/...

I knew it wouldn't take long for this story to pop up, although I was expecting the epic banking thread. I'll hold my hands up, for several years I've said you lot would only go after the juggular of foreign banks and slap your own on the wrist. $16bn. Holy st. Well if you're going to be wrong, be momunentally wrong I say!

[VeeDubBigBird]

unrepentant said:

Yeah, they never go after their own........

Note the words "record" and "penalty".


http://www.usatoday.com/story/money/business/2014/...

Same story and note the details of the 'settlement' not 'prosecution'

Despite the settlement's breadth, Bank of America said it does not cover potential criminal claims or claims against individuals.

The deal requires the nation's second-largest bank to pay $9.65 billion.

The cash payment includes a $5.02 billion civil penalty to the Department of Justice.


So the Department of justice gets a huge chunk of the settlement for its own coffers and the bank suffers a 43% loss in shares for that quarter, and no actual charges raised so the bank can continue as normal. Now hold that in comparison to their actions and threats in other cases involving overseas institutes.