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Politics : View from the Center and Left

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To: stsimon who wrote (296488)	4/12/2016 1:56:50 PM
From: koan	Read Replies (1) of 540967

I do not understand why everybody is yawning at this? And Hillary took $675,000 for three speeches and everyone says: "that is fine, it will not influence her decisions."? nytimes.com "Goldman is the last of the major American banks to settle with the government. Past deals with other banks also contained some of these concessions, but Goldman appears to have negotiated an even sweeter deal on certain points. For all the banks, the credits suggest that the amounts that the banks will have to actually spend on consumer relief will be much lower than the numbers announced in the news releases. “They appear to have grossly inflated the settlement amount for P.R. purposes to mislead the public, while in the fine print, enabling Goldman Sachs to pay 50 to 75 percent less,” said Dennis Kelleher, the founder of the advocacy organization Better Markets, referring to the government announcement. “The problem all along, with all of these settlements — and this one highlights it even more — is that they are carefully crafted more to conceal than reveal to the American public what really happened here — and what the so-called penalty is.”

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