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Still No Jail Time
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OldMcdonald
Posted 11/12/2014 09:16 (#4173050)
Subject: Still No Jail Time


Napanee, Ontario
Another settlement. For market manipulation.
http://finance.yahoo.com/news/cftc-fines-five-banks-1-062118562.htm...


Business as usual - shareholders eat the bill, and everyone walks. The double standard is getting ridiculous.

My hunch here is that investigators were pushing hard to get some criminal convictions on this one, and some of the key witnesses are the same folks we've been hearing about taking the long walk off a short pier.
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