S.E.C. Is Avoiding Tough Sanctions for Large Banks

[ElNono]

S.E.C. Is Avoiding Tough Sanctions for Large Banks (http://www.nytimes.com/2012/02/03/business/sec-is-avoiding-tough-sanctions-for-large-banks.html?_r=1&hp)

WASHINGTON — Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street in the last decade, the agency has repeatedly allowed the biggest firms to avoid punishments specifically meant to apply to fraud cases.

[boutons_deux]

TBTF

TBTJ

Barry making a pro-financial campaign speech without uttering a word.

[boutons_deux]

At least on banker got trashed, at dishonored, but of course, NEVER in USA:

Queen Strips Sir Fred Goodwin Of His Knighthood

http://dingo.care2.com/pictures/causes/2909/2908567.large.jpg

"The former chief executive of the Royal Bank of Scotland (RBS), Fred Goodwin, was awarded a knighthood for services to banking in 2004, when Tony Blair was the British Prime Minister. Now, eight years later, he has been stripped of his knighthood by the Queen for his role in the creation of the biggest recession since the second world war."

http://www.care2.com/causes/queen-strips-sir-fred-goodwin-of-his-knighthood.html