Who pays for banks' crimes?
Just curious about the article in the May 21 Business section. Probably a silly question, but if the banks were harming their customers, will the customers derive any benefit from the settlement or does the U.S. government get all that money?
Seems like the U.S. government wins big, the customers lose, the shareholders lose ... but the perpetrators of the "crime," the employees of those banks, what happens to them?
Barb Neuman
Grayslake
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.