Skip navigation
No more
Know more

Banks have racked up $95 billion in fines for the housing crisis. But is that enough?

Banks have racked up $95 billion in fines for the housing crisis. But is that enough?

Over the past five years, the U.S. government has become steadily more aggressive at fining banks for their role in the housing crisis.

JPMorgan was the latest target, settling for $13 billion. And there’s more to come: “Bank of America may soon reach a $6 billion settlement with housing regulators,” the Economist reports. “And JPMorgan’s announcement may not stop ongoing criminal probes into its mortgage activities.”

But is that enough? Over at Salon, David Dayen argues that regulators are still going far too easy on the big banks for helping exacerbate the subprime crisis.

Brad Plumer | October 24, 2013 at 4:29 pm
Know more:
No more
Know more
Ana Swanson
No more
Know more
The U.S. counties with the most commuters
Ana Swanson
ADVERTISEMENT
No more
Know more
Looking for a high-earning major? Follow the men
Ana Swanson
No more
Know more
The highest speed limits across the U.S., in 1 map
Ana Swanson
No more
Know more
Africa’s incredible population surge, charted
Ana Swanson
No more
Know more
The most beautiful and ugliest counties in America, ranked
Ana Swanson
No more
Know more
Who’s winning the superhero battle for the box office
Ana Swanson
No more
Know more
From alien invasions to robot cats, a timeline of science fiction’s most famous predictions
Ana Swanson
No more
Know more
The incredible growth in women’s clothing sizes, charted
Ana Swanson
No more
Know more
Why cars and cities don’t mix, in 1 image
Ana Swanson
No more
Know more
The most introverted and extroverted states in America
Ana Swanson