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(The Year 2012 In Review)
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|User Info||It's Ok To Manipulate Markets; entered at 2012-06-27 10:07:17|
Registered: 2010-12-18 Wisconsin
Not that it excuses their actions or states that the fine being paid is in any way adequate [what should be following are criminal indictments, prison terms, and permanent exclusion from the LIBOR rate-setting mechanism, among other things], but at least the executives are giving up their bonuses. That's more than any senior executive at Citibank, Bank of America, Pfizer, etc. have done when their corporation was caught red-handed committing illegal acts after being busted once already for the same thing.