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Credit Suisse Group AG Message Board

  • veloocity2000 veloocity2000 Nov 19, 2012 8:36 AM Flag

    CREDIT SUSSIE PAYS $120 MIL in FINES FOR LYING, CHEATING, and STEALING but admits NOTHING

    The global criminal bank Credit Suisse together with one of the largest criminal banks' in America will pay $417 million in fines for lying and cheating investors using fraud based mortgage loan documents. The banks agreed to settle the charges without admitting or denying wrongdoing because the SEC does not give a chit about putting anybody in jail for criminal activities, rather they prefer to collect a mininal sum and move on. In a related story, a mother of 3 that was unemployed and homeless was sentenced to five years in prison for stealing a chicken-salad-sandwich and carton of milk from 7/11.

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