{"id":17940,"date":"2014-08-12T12:40:08","date_gmt":"2014-08-12T16:40:08","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=17940"},"modified":"2014-08-12T12:40:08","modified_gmt":"2014-08-12T16:40:08","slug":"at-least-128-billion-in-bank-settlements-since-09","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2014\/08\/12\/at-least-128-billion-in-bank-settlements-since-09\/","title":{"rendered":"At Least $128 Billion in Bank Settlements Since &#8217;09"},"content":{"rendered":"<p>Elizabeth Warren <a href=\"http:\/\/www.facebook.com\/ElizabethWarren\/photos\/a.414227908686.199860.38471053686\/10152379793753687\/?type=1&#038;theater\" title=\"Elizabeth Warren's Facebook post\" target=\"_blank\">posted on her Facebook page<\/a> a graphic from <em>The Huffington Post<\/em> article <a href=\"http:\/\/www.huffingtonpost.com\/2014\/08\/08\/big-bank-fines-total_n_5659317.html\" title=\"The Huffington Post article\" target=\"_blank\">At Least $128 Billion in Bank Settlements Since &#8217;09<\/a>.<\/p>\n<p>Warren&#8217;s comment began with the following:<\/p>\n<blockquote><p>\nSince 2009, the big banks and financial institutions have paid at least $128 billion to regulators for the tricks and traps that brought down our economy. But they are happy to pay the fines \u2013 in fact, JP Morgan gave its CEO Jamie Dimon a 74% raise for negotiating its settlement. If these settlements are so weak that Wall Street is celebrating, it&#8217;s not a good deal for the American people.\n<\/p><\/blockquote>\n<pre>\r\n<\/pre>\n<p>One trait that I like about Elizabeth Warren is her ability to find an easy to understand observation that simplifies separating truth from fiction.  In this case it is the observation that if a company celebrates a decision that seems to go against them, then it can&#8217;t really be all that bad for them.<\/p>\n<p>One similar observation came to my mind many years ago when the CEO&#8217;s of companies were complaining how the rules and regulations and taxes were killing business and sending them to the poor house.  I thought, &#8220;when I see CEOs brown-bagging their lunches, then maybe I will start to believe them.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elizabeth Warren posted on her Facebook page a graphic from The Huffington Post article At Least $128 Billion in Bank Settlements Since &#8217;09. Warren&#8217;s comment began with the following: Since 2009, the big banks and financial institutions have paid at least $128 billion to regulators for the tricks and traps that brought down our economy. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-17940","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/17940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=17940"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/17940\/revisions"}],"predecessor-version":[{"id":17941,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/17940\/revisions\/17941"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=17940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=17940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=17940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}