May 20, 2015
8:10:41pm
8:10:41pm
Fines totaling $5.8 billion assessed to 5 largest banks in the world for
FOREX price fixing.
I am glad they were finally caught. The fine is probably "not that much" compared to what they illegally earned as a result of their FOREX price fixing. My guess is that they'll still engage in activities like this, only be more discreet (and harder to discover).
http://www.foxbusiness.com/industries/2015/05/20/five-major-banks-plead-guilty-to-felony-charges-over-currency-rigging/
I am glad they were finally caught. The fine is probably "not that much" compared to what they illegally earned as a result of their FOREX price fixing. My guess is that they'll still engage in activities like this, only be more discreet (and harder to discover).
http://www.foxbusiness.com/industries/2015/05/20/five-major-banks-plead-guilty-to-felony-charges-over-currency-rigging/
Originally posted on May 20, 2015 at 8:10:41pm
Message modified by BluePete on May 20, 2015 at 8:11:21pm
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