Banks, Shielded by Regulators, Senator Asks Why!

On Tuesday, fierce consumer advocate and needler of banks Sen. Elizabeth Warren (D-Mass.) called out Wall Street regulators for their habit of giving tepid punishments to misbehaving banks, and asked the agencies to justify their policy of settling with the wrongdoers out of court.

Why are the punishments so light and no one is guilty? One Senator wants to know why. Looks like she is the only one. Click for The story, Mother Jones is the source.

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