Elizabeth Warren: Bank Fines Don’t Work
on Tuesday, November 7, 2017
Elizabeth Warren Money Quote saying banks will not stop illegal actions until board members, executives are jailed, fired or held personally responsible. Fines don’t stop banks cheating. Elizabeth Warren said:
“Time after time, big banks cheat their customers and no actual human beings are being held accountable. Instead, there is a fine, which ultimately is paid for by shareholders and not by executives and certainly not by directors of the board. And nothing is going to change at these big banks if that doesn’t change” — Elizabeth Warren
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