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.