New Posts For Thread: Fines for rigging the foreign exchange markethttps://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-marketOnce again, fraud is met with a fine rather than a jail sentence.What is the deterrent for bankers not to commit fraud?*look afterhttps://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544807729#544807729*look afterThu, 21 May 2015 09:25:57 -0500Indeed donny,They have friends in high places who look them.The establishment protects their own.https://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544807715#544807715Indeed donny,They have friends in high places who look them.The establishment protects their own.Thu, 21 May 2015 09:25:31 -0500US pension funds started proceedings last year. Plenty of private settlements have taken place.https://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544807707#544807707US pension funds started proceedings last year. Plenty of private settlements have taken place.Thu, 21 May 2015 09:25:20 -0500that lone hacker guy who caused the micro crash is facing chargesbut these guys shake hands and get off , free to cheat againhttps://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544807571#544807571that lone hacker guy who caused the micro crash is facing chargesbut these guys shake hands and get off , free to cheat againThu, 21 May 2015 09:16:46 -0500john,how can you be sure it would have an adverse effect on pension funds?https://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544807407#544807407john,how can you be sure it would have an adverse effect on pension funds?Thu, 21 May 2015 09:04:45 -0500in fact there are 53 namedhttps://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544807353#544807353in fact there are 53 namedThu, 21 May 2015 09:01:45 -0500They did name some of the traders involved in Libor rigginghttp://graphics.wsj.com/libor-network/#item=Hayeshttps://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544807337#544807337They did name some of the traders involved in Libor rigginghttp://graphics.wsj.com/libor-network/#item=HayesThu, 21 May 2015 09:01:02 -0500Mainly other financial institutions that weren't in on it, who took the other side of **** bets. The general public would have been screwed somewhere to a lesser degree through pension funds etchttps://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544807223#544807223Mainly other financial institutions that weren't in on it, who took the other side of **** bets. The general public would have been screwed somewhere to a lesser degree through pension funds etcThu, 21 May 2015 08:54:49 -0500Who do you guys think lost money as a result of the rigging?https://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544806845#544806845Who do you guys think lost money as a result of the rigging?Thu, 21 May 2015 08:31:21 -0500Double standards are everywhere. A couple face jail for a 6 grand Tesco voucher fraud. How many at Tesco and their accountants will face jail after the FCA has looked into a 'profit overstatement' of £263m? It's certain that somebody somewhere madehttps://community.betfair.com/chit_chat/go/thread/view/94038/30502513/fines-for-rigging-the-foreign-exchange-market?post_id=544806511#544806511Double standards are everywhere. A couple face jail for a 6 grand Tesco voucher fraud. How many at Tesco and their accountants will face jail after the FCA has looked into a 'profit overstatement' of £263m? It's certain that somebody somewhere madeThu, 21 May 2015 08:08:51 -0500