Goldman Sachs to pay $120M to settle charges of benchmark tampering The firm was accused of false reporting and attempted manipulation of the U.S. Dollar International Swaps and Derivatives Association Fix. It allegedly submitted skewed information, used to create a reference rate for the benchmark, in an attempt tobenefit its own positions.(Pensions & Investments)
See the top of the crop or banksters who have friends with top law makers never get arrested. They get settled. I think I can easily bet on my carrier that in my life time, no banker will get arrested.