Thursday, March 19, 2009

Raines, Federal Regulators Reach Settlement

And the guilty go free. What else is new?

Raines, Federal Regulators Reach Settlement

So this guy rakes off some 90 millions dollars, all the while lying and cooking the books to generate maximum bonuses, and then has to pay a symbolic fine using mostly stock options that are significantly underwater, or are covered by insurance.
Charges dismissed.
This is Obama's world.
Wow.
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