Citigroup is paying a $285 million fine for cheating investors. Wall Street companies pay billions of dollars of fines without admitting quilt. This cozy relationship with regulators allow executives to commit acts of fraud with no risk of going to jail. Key executives make millions, investors lose millions, and no one goes to jail. This is heads I win, tails you lose played at level where billions of dollars are at stake.
Wall Street Executives Avoid Jail Again!
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