SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richardred who wrote (18554)12/23/2016 10:43:39 PM
From: Elroy3 Recommendations

Recommended By
John Pitera
richardred
toccodolce

  Read Replies (1) of 33421
 
I doubt they can prove a conspiracy with the ratings agencies. Has Moody's and S&P gotten these massive fines? I've just read about the banks. They all been hammered for billions.

relief to consumers

I don't know what this means. DB has to reduce consumer fees on future products until they've lost $4 billion in future earnings?

My thoughts were if DB was fraudulent in selling mis-rated mortgages, then each such mortgage had a buyer (pension fund, whatever) and that buyer should get the penalty money. Sort of the same way it works with an individual equity when they are fraudulent, we individuals lose $10,000, then 7 years later we get a settlement check for $200! I just got one of these for CCME.

Anyway, it's past history I guess.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News