Black Barth News

Alternative news and uncensored information from around the world.

Wall Street’s Compliance With Settlements Probed by Top Democrat


PlunderThe top Democrat on the U.S. Senate Banking Committee is conducting a wide-ranging inquiry into Wall Street’s compliance with government enforcement settlements, following complaints that banks keep getting in trouble after being punished by regulators.

Ohio Senator Sherrod Brown sent letters to more than a dozen major banks last week, requesting details on legal judgments they have entered into with 15 agencies, dating back to 2005. While it doesn’t specifically say what the focus of the investigation is, many of the demands relate to whether banks are regularly running afoul of laws and regulations.

Read more…

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Twitter Auto Publish Powered By :