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eric3579 (Member Profile)
Another entry in our series "Prison is For Plebs":
http://www.bloomberg.com/news/articles/2016-04-11/goldman-to-pay-5-1-billion-to-settle-u-s-mortgage-bond-probe
Edit: That's less than their net earnings in '06 alone, nobody gets his/her anus stretched on a daily basis, everyone gets to keep all the bonuses that were based around fraud, aaaaaand.... >50% of this penalty is tax deductible again. So yeah... a job well done by Schneiderman and his band of merry men.
TYT: Obama Admin Protecting Criminal Banks
Must-read articles:
New York Times: Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal
Glenn Greenwald @ Salon: Obama administration takes tough stance on banks
Matt Taibbi @ Rolling Stone: Obama Goes All Out For Dirty Banker Deal
Yves Smith @ naked capitalism: Corrupt Obama Administration Pressuring New York Attorney General to Support Mortgage Whitewash