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Big Banks Manipulated $21 Trillion Dollar Market for Credit Default Swaps

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ajax13:
“The system is set so that even if you’re caught, the penalty is just a small number relative to what you walk home with.

The fine is just a cost of doing business. It’s like a parking fine. Sometimes you make a decision to park knowing that you might get a fine because going around the corner to the parking lot takes you too much time.”

http://www.washingtonsblog.com/2014/09/big-banks-manipulated-21-trillion-dollar-market-credit-default-swaps-every-market-well.html

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