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Archive Home > 2010 > August > 24 > U.S. judges demanding tough bank settlements

U.S. judges demanding tough bank settlements

More and more, prosecutors face scoldings from the bench over deals with scofflaw financial firms

By Binyamin Appelbaum / The Bulletin
August 24, 2010

WASHINGTON — Everything was rolling along traditional lines. A bank broke the rules. The government found out. The company agreed to pay a fine and improve its behavior.

And then the judge assigned to approve the deal blew his top.

In a scene that is becoming increasingly common, Judge Emmet G.....

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