Relevant:
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2013-03-05 — creditslips.org
``Instead, what the OCC and Fed gave consumers was a jury-rigged, improvised kangaroo system. The avoidance of formal legal process is a hallmark of how bank regulators operate--no prosecutions, just consent decrees, informal supervisory feedback, etc. This is nothing new--the law firm Kaye Scholer got the short end of this stick in 1992 when OTS froze its assets for representing Charles Keating. That got a settlement real fast. ''
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