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To: Deaf Smith

The men announced a $536 million settlement by Credit Suisse, one of several banks accused in a long-running case that has netted roughly $1 billion in fines. The bank, which paid the biggest of the fines, reached a 24-month deferred prosecution agreement, meaning it could face criminal prosecution if further problems occur.

http://online.wsj.com/article/SB10001424052748704541004574600032631634884.html?mod=WSJ_hpp_MIDDLETopStories


4 posted on 12/17/2009 3:24:28 PM PST by FromLori (FromLori)
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To: FromLori

I think that a previous FR thread stated that the $535M was a forfeiture, which shouldn’t be the same as a fine.


5 posted on 12/17/2009 3:34:11 PM PST by Deaf Smith
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