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I can't wait to pay for this in fees, fines and other charges.
They made over $10B in profit in 2023. Shouldn't be a problem.
Cost of doing business. Still massive profits.
A fine that doesn't hurt the bottom line of the company is just cost of business, I'm for people to see the inside of a solitary confinement cell
$10.8 B profit in 2023, $17.2 B profit in 2022. $14 B profit in 2021.
The punishment for money laundering is a fine? We've truly lost the plot.
Isn't there a law that says if a company is caught breaking the law you don't have to pay them?
Hahahahahahah yeah right. Even if there was, they'd find a way around it.
If you want to make this stick, don't let them deduct it as a loss on their taxes and really don't let them pass it on as an increase in fees.
The latter is especially important, because if they raise it, the others will to, and they'll be, ah, making bank the next year.
You know what else would be nice? Criminally charging the people responsible.