Global Banks fined $3.4 Billion for FX market manipulation

Stockholders for these institutions get the shaft. If they take a huge risk that is successful, the stockholders benefit much less than the guy getting an 8 figure bonus. If the risk goes against the bank, the shareholder gets the shaft. After all it was the shareholders money being used to take the risk. If the government fines the company, who suffers? No one at the bank, whether it be the CEO, traders, etc get fined a cent. The shareholders foot the bill.

Sounds like great work if you can get it.

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Stockholders for these institutions get the shaft. If they take a huge risk that is successful, the stockholders benefit much less than the guy getting an 8 figure bonus. If the risk goes against the bank, the shareholder gets the shaft. After all it was the shareholders money being used to take the risk. If the government fines the company, who suffers? No one at the bank, whether it be the CEO, traders, etc get fined a cent. The shareholders foot the bill.

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Our reaction, as shareholders, should be that we then don't invest in these companies going forward. But will we? They are moneymakers at the end of the day, even if we get the shaft from time to time along the way. And everybody, including those doing the fining, know this.

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Sounds like great work if you can get it.

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Yep. Didn't GS announce the new batch of partners today? 78 I think I saw.