Re:Ex-French trader must pay $6.7 billion for fraud
by kevinelliott on Tuesday October 05, 2010 @03:12PM
(#1760989)
Wait, so he's been charged $6.7 billion, and "no one realistically expects him to pay it" ... "it's more symbolic"
Hogwash. I smell foul play. How would a $6.7 billion fine prevent people from doing this any more than $100 million? They made this number big so that the PUBLIC would see it and think "yay, someone has taken responsibility for it all" but allows the bank to get away scot free. He was definitely a fall guy.
Hogwash. I smell foul play. How would a $6.7 billion fine prevent people from doing this any more than $100 million? They made this number big so that the PUBLIC would see it and think "yay, someone has taken responsibility for it all" but allows the bank to get away scot free. He was definitely a fall guy.