penalties

Posted by admin on Saturday, June 23, 2018

: a pecuniary sum that by agreement is to be paid by a party who fails to fulfill an obligation to another and that is punitive rather than compensatory the court declined to enforce the contractual penalty and determined actual damages instead

Preet Bharara: Criminal Action End of World
Preet Bharara Money Quote saying as U.S. attorney for the Southern District of New York that prosecution of bankers comes with frightening warnings that are absurd
Warren Buffett: Banking Good Unless Dumb
Warren Buffett Money Quote saying about Wells Fargo that all a bank must do is avoid doing dumb things in order to be profitable - Wells Fargo went way dumb
Elizabeth Warren: Bank CEO Massive Fraud
Senator Elizabeth Warren Money Quote saying about former CEO of Wells Fargo Bank, John Stumpf that he should face prosecution for fraud
Dave Barry: IRS Agents Regular Destroyers
Dave Barry Money Quotation saying IRS agents seem to have free access to our bank accounts with threat of interest and penalties - frightening prospects on par with identity theft
Elayne Boosler: Banks Robbed Homes
Elayne Boosler Money Quote saying investment banks robbed investors and got arrested, but let go if returned tiny portion of what they looted

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