EU offers banks chance to cut fines in rate-fixing probe: sources

Comments (5)
breezinthru wrote:

How nice for all the white collar criminals! And what does society get in exchange?

We can avoid being exposed to all the sordid details and we can avoid pain of watching so many men with such fine educations receive harsh punishment for the harm they have done.

Feb 22, 2013 6:14am EST  --  Report as abuse
JohnnyRacer wrote:

Ah, perfect solution ( if you are a banksta) ! You make BILLIONS off the poor everyday slobs with your fraud and when you get caught, we’ll slap your wrists – that ought to prevent you from future crimes. What a LOAD OF CRAP.

Feb 22, 2013 7:19am EST  --  Report as abuse
tmc wrote:

And they wonder how they can improve the PR for the big banks. We don’t have to take down the institution. Take out the leaders. Not some cannon fodder employees, but real elitists.

Feb 22, 2013 7:26am EST  --  Report as abuse
GeorgeBMac wrote:

Just an in the US, the regulators and prosecutors live in fear of the banks and bankers…

But why fine the banks at all? All that does is weaken already weak banks — and it will not stop improper and illegal conduct. Only putting a few top bankers in jail will do that.
… But that won’t happen, the prosecutors are even afraid to fine them.

Feb 22, 2013 8:06am EST  --  Report as abuse
Rhino1 wrote:

Who didn’t expect that?

The main money is being exchanged in neat brown envelopes with no names on them.

Feb 22, 2013 9:40am EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.