These POS were handing out $30,000 credit cards, even after denying ones application, Just prior to the meltdown. And they get away with 10% of what was seeked. No justice whatsoever.........
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Mon Dec 12, 2011 11:24pm EST
(Reuters) - Former Washington Mutual Inc executives agreed to settle a lawsuit for less than 10 percent of the $900 million originally sought by the FDIC for their role in the biggest bank failure in U.S. history, the Wall Street Journal said, citing people familiar with the situation.
The defendants denied wrongdoing.
http://www.reuters.com/article/2011/12/13/us-wamu-settlement-idUSTRE7BC0CI20111213?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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