I'm shocked that they are still doing these types of things. I expected the bank's executives would've been able to settle their differences with Treasury officials over a glass of wine and a few million donated to the Don's campaign fund.
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Whooptie Do.
That fine represents 1% of last year's gross profit, which was $119.237B.
Source: https://www.macrotrends.net/stocks/charts/BAC/bank-of-america/gross-profit
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That sounds scary, until you realize it’s pocket change for BofA, and pales in comparison to the money they will make continuing to launder money.
Because until people are in prison for these crimes, nothing will change.
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Did they actually do money laundering? Is this some kind of vendetta by the Trump administration?
I have no idea what to believe anymore!
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Seeing as how the US is also sanctioning the ICC, who who fucking knows what this is.
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“You didn’t give Trump/GOP a cut. Pay the fine now and we’ll take a cut of that”
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Oh, I get it. They refused trump back in the day and now the revenge part is kicking in. Banks are kind of grifty too so...
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BofA used to have layoffs if they made less than $6 billion every QUARTER.
Trump didn't get his cut.
what was the thing that triggered it?
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…but nobody goes to jail, it's just the cost of doing business
so they didn't do something Trump wanted, and they are paying the price. bonus: message to other banks.
How much do you guys think they'll actually end up paying? My bet is 14 million.
Wow... charged with Laundering money because you refused to launder Trump's money... and my bingo card is full. time to write up another one of non-repeating bulkshit Hitler Junior does.
until they bribe DRUMPF a million dollars.
At this point anyone the orange fucktard hurts is likely a friend of the people.
Edit: JFC do I really need an /s?
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