Banks Fined. Stocks Rise.

Discussion in 'Currencies' started by JulieW, May 20, 2015.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    The world continues to not make sense, though it is pretty clear that the USA is harvesting whatever dollars it can, wherever it can.

     
    JulieW, May 20, 2015
    #1
  2. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Bank stocks may rise because the fines (and thus bottom line profit impact) were smaller than the market expected as a consensus?
     
    Roswell Crash Survivor, May 20, 2015
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  3. Altima

    Altima Well-Known Member Silver Stacker

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    I'm guessing the fines were nothing compared to the profits they made. Just another form of "business cost".
     
    Altima, May 20, 2015
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  4. nickybaby

    nickybaby Active Member Silver Stacker

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    Read a bbc article on this. They likely made a few trillion from this over the seven years it was going on. I'd happily pay a billion dollar fine for a trillion dollars.
     
    nickybaby, May 20, 2015
    #4
  5. sosa

    sosa New Member

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    agree to Altima
     
    sosa, Aug 25, 2015
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  6. systematic

    systematic Well-Known Member

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    The "fines" to the banks are like getting a parking ticket ..... send the scumbags to jail ....
     
    systematic, Aug 25, 2015
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  7. Currawong

    Currawong Member Silver Stacker

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    Economic crimes should have custodial sentences.
     
    Currawong, Aug 25, 2015
    #7
  8. systematic

    systematic Well-Known Member

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    Strip the scumbags of their assets and then send them to jail .... but when the public is ignorant, preserving faith in the system takes precedence instead .... the public may as well work for toilet paper ....
     
    systematic, Aug 25, 2015
    #8

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