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5 Big Banks Expected to Plead Guilty to Felony Charges, but Punishments May Be Tempered

Thursday, May 14, 2015 13:13
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A multi-partisan activist group established to expose and resist US imperialism, corpora-terrorism, and the New World Order

5 Big Banks Expected to Plead Guilty to Felony Charges, but Punishments May Be Tempered | 13 May 2015 |For most people, pleading guilty to a felony means they will very likely land in prison, lose their job and forfeit their right to vote. But when five of the world's biggest banks plead guilty to an array of antitrust and fraud charges as soon as next week, life will go on, probably without much of a hiccup. The Justice [sic] Department is preparing to announce that Barclays, JPMorgan Chase, Citigroup and the Royal Bank of Scotland will collectively pay several billion dollars and plead guilty to criminal antitrust violations for rigging the price of foreign currencies, according to people briefed on the matter who spoke on the condition of anonymity.



Source: http://www.legitgov.org/5-Big-Banks-Expected-Plead-Guilty-Felony-Charges-Punishments-May-Be-Tempered

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