Blah blah. Nothing will happen. They will pay a fine of 0.00000% of revenue and go about their business. They will still have full access to all markets, the fed discount window for low interest credit and every legal protection of a “person” under law.
Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
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Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
#12Blah blah. Nothing will happen. They will pay a fine of 0.00000% of revenue and go about their business. They will still have full access to all markets, the fed discount window for low interest credit and every legal protection of a “person” under law.
The amount of prosecutions on white collar crimes has dropped dramatically in the last 20 years. The companies are now too big to fail.
Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
#13surely if a corporations are persons and they get convicted of money laundering then they should be incarcerated and not fined. for a corporation incarceration would mean shuttering the entire operation for the sentence period
The execs are the ones who should be tried and jailed.
Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
#14surely if a corporations are persons and they get convicted of money laundering then they should be incarcerated and not fined. for a corporation incarceration would mean shuttering the entire operation for the sentence period
Deutsche bank employs tens of thousands of people, shutting them down would cause a lot of grief and miscarried justice. The execs are the ones who should be tried and jailed.
Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
#15surely if a corporations are persons and they get convicted of money laundering then they should be incarcerated and not fined. for a corporation incarceration would mean shuttering the entire operation for the sentence period
Perhaps we could start by jailing those directly involved in the money laundering? I find it hard to put too much blame on those trying to provide customer service to the President's family.
Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
#16“Lapses”? Really? That’s what we are calling crimes now?
Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
#17“Lapses”? Really? That’s what we are calling crimes now?
Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
#18Earlier quoted context omitted.
Deutsche bank employs tens of thousands of people, shutting them down would cause a lot of grief and miscarried justice. The execs are the ones who should be tried and jailed.
So what I'm getting from what you are saying is that it would be a good deterrent to suspend the business for a few years?