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FDIC Sues Banks For Doing What The Fed Does

Posted on 3/14/14 at 5:10 pm
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15732 posts
Posted on 3/14/14 at 5:10 pm
quote:

The failed banks “reasonably expected that accurate representations of competitive market forces, and not fraudulent conduct or collusion,” would determine the benchmark, the FDIC said in its complaint.


LINK

When the government does it, it's not illegal.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 3/14/14 at 5:18 pm to
the gov't is like the mafia, don't fricking encroach on their turf.

But the fed is not the gov't.
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
20878 posts
Posted on 3/14/14 at 7:18 pm to
quote:

the gov't is like the mafia, don't fricking encroach on their turf.

But the fed is not the gov't.


It's governmenty enough to impact the entire nation, but not governmenty enough to be held accountable.
















Oh, who the frick am I kidding you can't hold this government to account either.
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