category

Obama hearts banksters yet again. SAC gets fined not indicted

Credit: blackagendareport.com

Credit: blackagendareport.com

The US government is settling with Steve Cohen and SAC Capital by fining them $1.4 billion, which is chump change to them, rather than do something tacky like file criminal charges. Gosh, that would be bad for business.

If this was a gangster movie, this would be the scene where the fix was in.

To summarize: Make $10Bn using criminal methods and inside information -> pay $1Bn for criminal settlement.

Comments are closed.

Powered by WordPress. Designed by WooThemes