Alexander Mitchell4 said:I can't help but wonder: will these bankers actually be forced to settle their dishonest and illegal dealings using their own hard-earned assets? Or will they simply declare bankruptcy and leave the government to pick our pockets just to pay back what they stole from us?
To ensure an honest verdict, I suppose the government ought to maintain a comprehensive registry of bank owners along with a full accounting of their personal wealth. There is an enormous amount of criminal activity tied up in these court rulings.
Perhaps this is the only way we'll ever uncover who truly owns these banks while they operate under foreign franchises.
It’s telling when an American working in Austria tries to settle a loan and tells the local officials they have significant savings held at "their" bank back in the States, only to be swiftly dismissed because the local branch claims to have no connection to "that place." It suggests the domestic bank is merely paying for a franchise name, while the actual owner—someone with a questionable past—stays hidden to avoid disclosing their ownership.
Don't you worry, we are still their favorite cash cow. They can make all the threats they want, but they aren't going anywhere in the US—just look at the interest rates here compared to abroad, not to mention the fees and all those other fabricated nonsense charges.
Once we finally deal with the Swiss Franc issue, those fees and interest rates should be our next battlefront.🤔