Loretta Lynch: Barclays Jeopardized Billionson Friday, March 30, 2018
Loretta Lynch Money Quote saying as the Former Attorney General in the Obama administration, that Barclays Bank was reckless with investors money in the Mortgage Crisis of 2008. Loretta Lynch said:
“Barclays jeopardized billions of dollars of wealth through practices that were plainly irresponsible and dishonest” — Loretta Lynch
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Barclays is paying far less than other big banks paid. In 2013, JPMorgan Chase paid $13 billion. In 2014, Bank of America paid $16 billion. Deutsche Bank paid $7 billion.
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