Wednesday, April 30, 2014

Federal Reserve

SEC chairman supports high frequency trading because the big banks are agents of the government.

US to bring charges against two giant, but foreign banks over stuff that doesn't matter, and we're supposed to be impressed. Nobody has been charged for the 2008 collapse.
"The new focus on bringing criminal charges against major banks bucks a regulatory trend in Wall Street, whose largest institutions have been largely immune to criminal prosecutions over wrongdoing for two decades. The planned prosecutions against BNP Paribas and Credit Suisse could help mollify public outrage over banks’ apparent immunity to criminal charges."
This is for show.

No comments:

Post a Comment