Thursday, April 14, 2016

Goldman Sachs will pay $5B for fraudulent sales of toxic debt, no one will go to jail

No one at Goldman Sachs will go to jail despite the company's world-destroying, multi-billion-dollar frauds that culminated in its unloading billions' worth of worthless mortgage-backed securities on its customers just before the crash. 
Goldman's settlement requires it to admit that it knowingly committed these frauds for years on end. 
Again, no one will go to jail.
DYI Comments:  Fines after fines now in the multi-billion dollar level and almost a decade has past yet no one goes to jail.  What will it take?  The entire financial system collapses is what it will take before at least one individual spends at least one day in jail.  Time will only tell.

DYI

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