Government Settles on my behalf?
- UBS to Pay $1.5 Billion to Settle Libor Charges
- Morgan Stanley Coughs Up $5 Million in Facebook Settlement
- Standard Chartered Bank has agreed to pay $327 million to settle federal and New York charges it laundered money on behalf of four countries that were subject to U.S. economic sanctions from 2001 through 2007.
- HSBC settles US money laundering case for $1.9B
In what way does it really help me? Is this my wish? Am I truly compensated? Looks like the Government is helping the lawyers get their money (pension?). May be some ego/promotion of government official is met...