Settlements and Fines from TBTF Institutions since the Crisis

Let's take a look at the amount of
settlements/fines from various banks and financial institutions around the world
since the crisis. There are probably a lot of settlements/fines I have missed, frankly the amount below is already staggering, so this is a very rough estimate. Some perspective, most of these individual banks have now paid more in fines then the value of most countries GDP's. Total tally from the listed Fines/Settlements below is $174,489,800,000. Reminder: Jail time served by any board members or CEO's of the following TBTF list=0. #FreeCorzine. Meanwhile, Supreme Leader Obama is going on and on about making the system "fair," while the same people who caused the last financial crisis are the same people still in charge. 

 


2006

*AIG 1.6 Billion Settlement with SEC, New York
State over securities fraud

2008 

*Bank of America $8.4 Billion Countrywide
Predatory Lending Settlement

2010 

*Goldman Sachs $550 Million Settlement to SEC
for Subprime Mortgage CDO

 

2011 

*KPMG $37 Million Settlement over Auditing at
Wachovia

*Wells Fargo $590 Million Settlement in Claims
over Wachovia

*Bank of America $8.5 Billion Settlement with
BNY Mellon over Mortgages

*Bank of America $1.6 Billion Assuared Guarantee
Settlement

*Bank of America $1.5 Billion Fannie Mae
Settlement 

*Citigroup $285 Million Settlement with SEC over
Fraud Charges

*UBS $2.5 Million Fine to FINRA over Lehman
Notes

 

2011 Total $12,514,000,000

 

2012 

*Deutsche Bank $202 Million to Settle Misleading
Department of Housing and Urban Development on Mortgages

*JPM $1.8 Billion Settlement Nationwide
Settlement over Improper Foreclosures

*JPM $269.9 Million Settlement with SEC over
Creation and Underwriting of MBS

*JPM $20 Million Settlement Mishandling of
Lehman Funds

*Ally/GMAC, BofA, Citi, JPM, Wells Fargo $25
Billion National Mortgage Settlement

*UBS 1.5 Billion Settlement over Rate
Rigging 

*Barclays $453 Million Settlement over Libor
Probe

*Bank of America $2.4 Billion Merrill Lynch
Securities Fraud Settlement

*Bear Stearns $275 Million Settlement with
Shareholders

2012 Total $31,919,000,000

 

2013 

*JPM $13 Billion Civil Settlement with Justice
Department for Mortgage Lending Practices

*JPM $110 Million Settlement on manipulation of
Japanese version of Libor 

*JPM $4.5 Billion to 21 Institutional Investors
to Settle losses tied to Mortgage-Backed Securities

*JPM $100 Million Settlement to CFTC for London
Whale Trades 

*JPM $920 Million Settlements with OCC, SEC,
FED, UK Fin. Conduct Authority over London Whale

*JPM $410 Million Settlement over California
Electricity Rigging

*JPM $5.1 Billion FHFA Settlement

*Deutsche Bank $1.9 Billion Settlement with FHFA

*Deutsche Bank 725 Million Settlement for
Euribor and Yen Libor Rigging

*Bank of America $11.2 Billion Fannie Mae
Settlement

*Bank of America $2.9 Billion Settlement with
FED and OCC

*Bank of America $1.7 Billion MBIA Settlement

*Bank of America $131.8 Million SEC Settlement
over Mortgage Deals

*Societe Generale 446 Million Settlement
Euribor Manipulation 

*RaboBank $475 Million Settlement over Libor
Manipulation

*UBS $885 Million Settlement over FHFA Lawsuit

*RBS 391 Million Interest Rate Rigging

*Goldman Sachs & Morgan Stanley $557 Million
Settlement over Foreclosures 

*Wells Fargo $541 Million Fannie Mae Loan
Settlement 

*MF Global $100 Million to CFTC

*Citigroup $3.5 Billion FHFA Settlement

2013 Total $44,491,800,000

2014  

*JPM $2.6 Billion Settlement related to
Madoff Fraud

*Morgan Stanley $1.25 Billion Mortgage
Settlement 

*Bank of America $6.3 Billion Settlement of
Mortgage Securities Suit

*Citi $7 Billion Settlement for Mortgage
Probe 

*US Bancorp $200 Million Settlement with DOJ
over bad Mortgage-Loan Apps

*Credit Suisse $885 Million Settlement over
FHFA 

*JPM $4 Billion Settlement over FHFA
Lawsuit

*Deutsche Bank $1.9 Billion Settlement over
FHFA Lawsuit

*Credit Suisse Guilty with $2.6 Billion fine
over Tax Evasion 

*Bank of America $16.6 Million Settlement over
Sanctions Violations

*Bank of America $9.5 Billion FHFA Settlement

*Morgan Stanley $275 Million SEC Settlement over
Risky Mortgages

*Citigroup $5 Million SEC Settlement over
Lavaflow

*BNP Paribas $8.9 Billion PLEADS GUILTY

*Pending Bank of America $13 Billion Settlement
over U.S. Mortgage Probe

 

 

2014 Total $75,015,000,000

 

 

 

Total Penalties $174,489,800,000.

 

 

 

 










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