New York Fed Chief Levels Explosive Charge Against Big Criminal Banks

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New York Fed Chief Levels Explosive Charge Against Big Criminal Banks

New York Fed Chief Levels Explosive Charge Against Big Criminal Banks

And saying their actions are a lack of respect for the law is an understatement…they are plain out CRIMINAL!

Foreclosure Fraud – CRIMINAL

LIBOR – CRIMINAL

Credit Card Fraud – CRIMINAL

Securities Fraud – CRIMINAL

Money Laundering – CRIMINAL

Business w/ Terrorist – CRIMINAL

Manipulating the Markets – CRIMINAL

Bribery – CRIMINAL

[…]

HuffPO-

The head of the Federal Reserve Bank of New York said Thursday that some of America’s largest financial institutions appear to lack respect for the law, a potentially explosive charge against an industry already roiling from numerous government investigations into alleged wrongdoing.

William Dudley, one of the nation’s top banking regulators whose organization helps oversee Wall Street banks including JPMorgan Chase and Citigroup, made the comment during a speech focused on the problems posed by banks perceived to be “too big to fail,” and possible solutions to correct them.

But in an abrupt turn, Dudley suggested that regulators may be stymied by “cultural” issues that have negatively affected the nation’s biggest banks.

[HUFFINGTON POST]

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2 Responses to “New York Fed Chief Levels Explosive Charge Against Big Criminal Banks”

  1. Charles Reed says:

    Geithner sat by and allowed all this as the President of the NY Fed, and so he next went to Treasury and still looked the other way, now the snowball getting bigger as it roll down hill with all these admissions of guilt.

    Is there not a day that has gone by in the last year where everyday its either BOA, Wells Fargo or JPMorgan that settling another billion, $8 billion, $13 billion or combine $25 billion for some illegal practice they been performing.

    At some point we got to get to the bottom of this crap!

  2. Nancy Fink says:

    But nothing is being done to ONE WEST BANK, FSB…..why not? They are very large and mean! No one is helping those in ALABAMA…Why are the judges here so dumb?

    Is money, or just political BS? You tell me.

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