Corporations now have all the rights of a person but take none of the responsibility.
They shouldn’t even be allowed to operate as a business. They stole BILLIONS from customers. I know people in prison right now for stealing $500 of electronics.https://twitter.com/twittermoments/status/987117419171729408 …
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"We apologize to everyone who was harmed by unacceptable sales practices that occurred in our retail bank," Wells Fargo CEO Tim Sloan laughed all the way to the Cayman bank.
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That is where the Cryptocurrency revolution comes in like
#Bitcoin ...take the power away from banks.... -
Are you sure about that? Banks owners are buying crypto exchanges and build their own infrastructures in a way they can manipulate the market. Crypto space along with legislation lobby gives them more power you could ever imagine
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You don't need banks when merchants accept cryptos
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Some people will need them but not all. Us geeks will cut the cord with the banks. We can already use decentralized exchanges to buy the major coins and store them ourselves.
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They're probably having a good laugh about that billion dollar fine as just another operating cost.
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NYT article was also like “let’s ease off, Wells Fargo has been hurt enough.” GTFOH
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The arguments from
@BarackObama and@EricHolder were that criminal financial organizations like@WellsFargo could not be held accountable because they employ 100s of 1000s of people, and prosecutions would disrupt "markets." The same could be said of narcotraffickers. - 1 more reply
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To big to jail.
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My question is how much profit did they make? Did they make more than they are getting fined? If they did, then it is just another business practice. And it will repeat.
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Every American is entitled to whatever form of justice they can Afford.
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Individuals would be on probation for years for committing grand theft. Is there probation for corporations?
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Didn't someone just do seven years for having two joints?
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You hit the real problem. The people responsible are not being arrested and going to jail. Fining companies often lets those responsible to get away (not that companies shouldn’t be fined).
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They foreclosed on my partner's house while he was deployed, which is illegal.
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I want to know who’s getting this money? Are the people that were scammed getting money back?
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