Major world lenders punished in 2012 with record $20.8bn fines for ‘mistakes’ — RT

See on Scoop.itPensamientos Alternados

The world’s biggest lenders paid billions to regulators and individuals in 2012 to compensate for rule breaking and manipulation in the cases such as the Libor fixing and breaching financial sanctions against Iran.

Aristonico Belargio‘s insight:

What some call "mistakes" become crimes punishible by jail when commited by individuals

See on rt.com

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