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narsk | 11 years ago

A couple of things about these settlements. The settlement amount is a large number but these "landmark" settlements don't seem to come anywhere close to the spoils gained by criminal activity. Combine that with the deferred prosecution agreements that come with a lot of these settlements and we're in a spot where shareholders foot the loss on the penalty and those that absolutely did commit and benefit from committing ridiculous crimes can't end up in jail.

I don't really care about settlement amounts in dollars. I'd like to see criminals end up in jail.

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