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Trump Administration Waives Punishment for Convicted Banks

posted by martyb on Thursday January 11 2018, @02:02AM   Printer-friendly
from the no-comment dept.

DeathMonkey writes:

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for its role in a Russian money laundering scheme.

The waivers were issued in a little-noticed announcement published in the Federal Register during the Christmas holiday week. They come less than two years after then-candidate Trump promised “I'm not going to let Wall Street get away with murder.”

http://www.ibtimes.com/g00/political-capital/trump-administration-waives-punishment-convicted-banks-including-deutsche-which

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  • (Score: 5, Insightful) by Runaway1956 on Thursday January 11 2018, @02:40AM (4 children)

    by Runaway1956 (2926) Subscriber Badge on Thursday January 11 2018, @02:40AM (#620774) Journal

    It's the rich taking care of the rich, no matter how you slice and dice it. These same SOB's will pounce on an old woman's delinquent mortgage, but cut deals with each other.

    Starting Score:    1  point
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  • (Score: 2) by arslan on Thursday January 11 2018, @03:41AM (3 children)

    by arslan (3462) on Thursday January 11 2018, @03:41AM (#620789)

    Don't we all know it. In the good old days we'd be sharpening our pitchforks, now we just whinge on the internet or stare at pictures of celebrity pets...

    • (Score: 1, Funny) by Anonymous Coward on Thursday January 11 2018, @06:11AM (2 children)

      by Anonymous Coward on Thursday January 11 2018, @06:11AM (#620817)

      Trump has a pet? Oh, you mean Steve Miller!

      • (Score: 2) by Azuma Hazuki on Thursday January 11 2018, @04:07PM (1 child)

        by Azuma Hazuki (5086) on Thursday January 11 2018, @04:07PM (#620957) Journal

        Yeah, it was Bannon for a while, but the fat bastard kept pissing all over the carpet and going outside the litterbox...

        --
        I am "that girl" your mother warned you about...

        • (Score: 2) by Phoenix666 on Thursday January 11 2018, @06:08PM

          by Phoenix666 (552) on Thursday January 11 2018, @06:08PM (#621008) Journal

          He should have had the discipline to refrain from posting on Twitter while drunk. Or he should have done as my brother-in-law, who has constructed incredibly elaborate mechanisms in his life to be able to spend as much of it stoned out of his mind as possible without getting arrested or fired.

          --
          Washington DC delenda est.