Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: Goldman Sachs Agrees to Pay $5 Billion + To Settle Mortgage Securities [View all]GummyBearz
(2,931 posts)26. Are common crooks going to have to pay back a fraction of what they steal now?
I mean... if that is the new law, everyone should rob a convenience store for a few hundred bucks, then pay the $5 penalty associated with it. Then repeat
Edit history
Please sign in to view edit histories.
85 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Goldman Sachs Agrees to Pay $5 Billion + To Settle Mortgage Securities [View all]
laserhaas
Apr 2016
OP
Goldman Sachs will just right it of as "cost of doing business" and deduct it from their taxes
awake
Apr 2016
#2
Ha Ha.... I knew it... that someone else was on the path. I left out tidbits at bottom
laserhaas
Apr 2016
#5
'Relief for homeowners, borrowers and communities' I look forward to SEEING IT. Ha!
appalachiablue
Apr 2016
#4
Relief? Most of those homeowners and borrowers got the financial death penalty, and
NCjack
Apr 2016
#9
Many of the homeowners ended up in bankruptcy. That usually means no credit for about
JDPriestly
Apr 2016
#55
Sorry. Forgot this was LBN. Just figured since it was public information I would post it in full.
think
Apr 2016
#16
I keep thinking that these "business's" are in some way.......................
turbinetree
Apr 2016
#21
Are common crooks going to have to pay back a fraction of what they steal now?
GummyBearz
Apr 2016
#26
Judge Rakoff refused to sign an SEC settlement with Citi - for that very reason of - NO Details
laserhaas
Apr 2016
#35
another example of the department’s resolve to hold accountable those whose illegal conduct ...
AlbertCat
Apr 2016
#36
Our eToys case could RICO Bain Cap. and (barest of minimums) make sure GSachs never does another IPO
laserhaas
Apr 2016
#41
The sentencing guideline are clear that individual exec's can be prosecuted. They should be. Period.
JudyM
Apr 2016
#42
In our eToys public company fraud case ... we have confessions of intentional lies under oath
laserhaas
Apr 2016
#44
“You don't stick a knife in a man's back nine inches and then pull it out six inches and say
jtuck004
Apr 2016
#43
"...Since a corporation cannot be put in jail, the primary penalty is usually a monetary penalty..."
chapdrum
Apr 2016
#46
Actually Sarbanes/Oxley forbids crooked (or possible crooks) from going around to public companies
laserhaas
Apr 2016
#58
We constantly seek to remind fed authorities they swore an oath against assaults on Constitution by
laserhaas
Apr 2016
#59
About downsizing Wall Street. The opportunity to get Goldman to agree to downsize itself
JDPriestly
Apr 2016
#52