$160 Billion In Fines Levied Since 2008 Financial Crash

"Toxic securities and mortgage abuses" led the way in reasons for the fines, making up $118.4 billion of the total penalties.

In the eight years since the 2008 financial crisis rocked markets and sent world economies into a downward spiral, many of the big banks that came to be seen as the face of that recession have spent a fortune on fines and settlements. The cases involve everything…

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