Just the cost of doing business. Nobody is going to prison so nothing will change. Start locking up CEOs
Also force the bank to sell its assets and close.
We should lock up every CEO that oversaw this situation, not even the original ones who created the problem or the current CEO. They get paid so much money, they should be the ones taking on those risks and cleaning things up if the companies aren’t operating within the law.
“unlike their peers”
HSBC: Thank for taking the heat off.
In one instance, TD Bank employees collected more than $57,000 worth of gift cards to process more than $470 million in cash deposits from a money laundering network to “ensure employees would continue to process their transactions” and not declare them in required reports, the DoJ said
I’m just laughing at the mental image of three dudes or something trying to spend that.
‘Fuck… I’m SICK of Starbucks Breakfast Sandwiches…’
$57k is already laughable considering the amount of money deposited… but in gift cards?
You’re already handling cash, aren’t you?
