Comments on: Charting the billions banks have paid out over crisis-era mortgages http://blogs.reuters.com/data-dive/2014/06/11/charting-the-billions-banks-have-paid-out-over-crisis-era-mortgages/ Mon, 23 Mar 2015 20:11:41 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Tomtherailnut http://blogs.reuters.com/data-dive/2014/06/11/charting-the-billions-banks-have-paid-out-over-crisis-era-mortgages/comment-page-1/#comment-89 Fri, 13 Jun 2014 16:30:30 +0000 http://blogs.reuters.com/data-dive/?p=1062#comment-89 I bet BOA wishes they had never seen CountryWide as a good investment. . . . I’m not sure, but I believe they have now paid out more in penalties than they paid for the whole shebang!

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By: cleanthes http://blogs.reuters.com/data-dive/2014/06/11/charting-the-billions-banks-have-paid-out-over-crisis-era-mortgages/comment-page-1/#comment-85 Wed, 11 Jun 2014 21:33:19 +0000 http://blogs.reuters.com/data-dive/?p=1062#comment-85 It would be great if Reuters could tally all the penalties that pharmaceutical companies, banks and other big corporations have paid over the last three years. It seems as if the total is a huge number that will be a significant fraction of the federal budget, perhaps as high as $150 billion.

Is this taxation by another means? Is the government still selling itself short? Is it extorting more from the companies than just punishment under threat of prosecution of executives?

Is it selling the nation short by not prosecuting executives?

So much money, so many questions. It would be so nice if someone in the media were to investigate the phenomenon.

Including fines that states like CA & NY have levied against corporations might be useful.

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