Wall Street 'business model' a fraud - says Sanders.

Well let's face it - that's not exactly ground-breaking to most Americans stiffed with service and overdraft charges, low savings rates and high loan interest rates.

https://ourfuture.org/20160329/bernies-right-wall-streets-business-model-really-is-fraud?utm_source=progressive_breakfast&utm_medium=email&utm_campaign=pbreak

That’s tantamount to confessing that they need to bilk ordinary customers – by doing things like hiding overdraft charges, making checks bounce by manipulating the order in which they’re cashed, and charging excessive ATM fees – in order to make money as a consumer bank.

But that’s not the only line of business where banks commit fraud. The major offenses committed by our largest banks include “price fixing, bid rigging, market manipulation, money laundering, document forgery, lying to investors, sanctions-evading, and tax dodging.”

That he states it is just being honest.

Then you have people like Clinton who says that banks need to play by the 'rules'. And .. if the number 1 rule is make as much money as possible in as short a time as possible, foregoing any other risks - what do you do then?