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Banksters reject $25 billion "immunity" offer
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TOPIC: Banksters reject $25 billion "immunity" offer
#11881
Banksters reject $25 billion "immunity" offer 1 Year, 8 Months ago Karma: 193
While the following piece is VERY sketchy on details, what we can conclude from this is EITHER the Wall Street banksters are incredibly arrogant - and still think they can get a "free pass" on all their crimes - OR the latest/best "offer" of a deal from politicians still leaves the banksters LIABLE for damages and/or criminal prosecution.

Obviously these are two radically different possibilities, although obviously the "arrogance of bankers" is the more probably explanation.

As I've noted before, this crime syndicate is undoubtedly responsible/liable for $TRILLIONS in past/present/future losses, which is why they are using EVERY OUNCE of their political/financial "muscle" to attempt to ram-through some "broad waiver" - and at only a small cost to themselves.

IF the U.S. political leaders cave-in to Wall Street here it would be an even GREATER "betrayal" than what Europe's governments are currently doing in serving the bond-parasites.


"States Offer Banks Immunity From Mortgage Lawsuits"

www.newser.com/story/127801/states-offer...rtgage-lawsuits.html

Newser) – State prosecutors are offering big banks an expensive Get Out of Lawsuits Free card. Prosecutors have offered a variety of banks caught up in the “robosigning” scandal immunity from some litigation in exchange for a total of $10 billion to $25 billion in penalties, the Financial Times reports. Some officials think the immunity being offered is far too broad; as written, it could potentially free the banks from lawsuits related to their securitization practices, or at least impede cases related to it.

Yet the banks, some of which have seen their stock prices plummet thanks to litigation fears, call the proposal a “non-starter.” They’ll meet with prosecutors again this week to negotiate further. The deal will include other issues as well, including new standards for governing home loans, which the sides are close on, and new compliance and enforcement standards, which they’re not. The banks involved include Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally Financial.
Jeff Nielson
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#11894
Re: Banksters reject $25 billion "immunity" offer 1 Year, 8 Months ago Karma: 30
Wow, unbeleivable!
OK, let me steal from millions of people and I'll give you a cut if you keep quiet. Yep, this is the NEW U S of A. Sounds a lot like a 3rd world country. Very telling...
Oh I'm not suprised the banksters are refusing to provide the "cut" because what the hell is the government going to do about it? Nothing.
Lap dogs never get paid.
navderek
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Last Edit: 2011/09/11 23:27 By navderek.
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