Bank fined over $7.8B rogue trader scandal

That makes sense. A company loses billions of dollars so you fine them even more so you can get your cut. What a joke. Why not just fine the leaders of the bank who are responsible? Instead the bank's customers are forced to lose even more money over this ordeal while those responsible lose nothing. Aint big brother just great?

UHUH.....Your proposal makes to much sense, Big Brother is in the money business, it is a wonderful thing they take for the sake of taking, then they spend on social engineering or making government larger in either case productive people who work and invest loose while the slime of earth win

I think the biggest injustice here is once again, wait collar crime (yes this was a crime) is dealt with by making people and companies pay fines. In other words take some of what they have, but do not take their ability to use their influence to make more later. How about we take away some of these crooks freedom for once instead of these slap on the wrist methods the world is using. You can certainly tell that the rich run the world can't you? In the US if you get caught selling drugs they lock you away and throw away the key. What is the difference between selling something illegal and doing something illegal to make money? Obviously the difference is the class of people that commit the crime.

So as long as the upper class can keep promoting that it is the bad seeds from the lower class that are causing all the problems in the world then it takes the attention away from the stealing that the many from the upper class do. I mean, oh wow, this bank was neglegent (maybe, maybe not on purpose) and alot of people lost money so they are fined with a poultry amount of money in their portfolio. How about government look a little closer when something like this happens to see who made the money that people lost and they see if they had any involvement in this?

Well, we all know that isn't going to happen because of the "Golden Rule". No, not the one about do unto others. I am talking about the "Golden Rule" that states "He who has the gold makes the rules"!

It's a shell game. The thought that this guy could have committed fraud is laughable. There are so many people looking at the numbers, trades and positions on a week to week basis how in the world could it happen without at least passive complicity from other people in the firm. Maybe what sent this guy down was a big brain and initial success , which as every one knows, sometimes leads one to believe that anything one thinks of could be a winner. Maybe he was just the only person with no seat when the music stopped. Just saying.

jerome is free, working as a computer consultant?
Wow! Don't expect stability in equities until the Eiffel tower is sold to the highest bidder