In late 2016, the Obama administration extended temporary one-year waivers to five banks — Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank

The Marxist swine!

Trump figures that they need at least 3 year extensions. Too BIG to fail!

The waivers were issued in a little-noticed announcement published in the Federal Register during the Christmas holiday week. They come less than two years after then-candidate Trump promised “I'm not going to let Wall Street get away with murder.”

Does this count as another broken campaign promise, or is it just Trump just "refining his stance"?

Haven't been on site for months due to the constant "resistance" posts by these two jerk offs from the DU underground. I'll be sure and come back at the end of the next presidential race to celebrate Trump's second term.

The waivers were issued in a little-noticed announcement published in the Federal Register during the Christmas holiday week. They come less than two years after then-candidate Trump promised “I'm not going to let Wall Street get away with murder.”

Bullshit on the “little-noticed” announcement. This notification published in the Federal Register is the normal source for notification and there was nothing special about it so as to make it necessary to have 50-foot inflatable King Kong atop the Empire State Building with loud speakers, radio microphones or TV cameras sounding out a clarion call. There are literally hundreds, and maybe even thousands, of reporters who scour the Federal Register constantly throughout the day and nothing ever goes unnoticed....this so OBVIOUSLY did not. There was no intent to try and make it go unnoticed. It was posted during Christmas time....because that was when it happened.

Does this count as another broken campaign promise, or is it just Trump just "refining his stance"?

This counts for NOTHING....the action is insignificant. Well, this does count as yet another trashy yellow journalism article you have once again become a party to with the sole purpose of attempting to defame and discredit Trump.

Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

The title is a nefarious lie making it sound flagrantly wicked and impious as though the convicted banks are getting away with No punishments when in fact the banks have collectively paid billions....BILLIONS....of dollars as punishment prescribe by law.

There is NO waiver of punishment. The waivers are for a specific thing necessary to benefit millions of ordinary folks and their retirement plans.

BTW....the Trump administration struck a tougher posture than did the Obama administration on two of the banks, Deutsche Bank and UBS.

If you have contradictory information....then let’s have it. Otherwise, don’t bother me.

BTW....the Trump administration struck a tougher posture than did the Obama administration on two of the banks, Deutsche Bank and UBS.

If you have contradictory information....then let’s have it. Otherwise, don’t bother me.

Lying Gatlin! Obama only gave them all a 1 year extension. Trump gave those two banks 3 year extensions. He gave the other three banks 5 year extensions. Trump is very much the weakling banker lackey. Sad to say, but that worthless Kenyan is tougher and more pro-American than el Donaldo.

This is posted in the article, and also I quoted Obama's 1 year extension in my post #1. Read the truth, if you can handle it, blind liar.

Once again, for the lying moron trumptard Gatlin....

In late 2016, the Obama administration extended temporary one-year waivers to five banks — Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank.

Late last month, the Trump administration issued new, longer waivers for those same banks, granting Citigroup, JPMorgan, and Barclays five-year exemptions. UBS and Deutsche Bank received three-year exemptions.

Pull your head out tater tard, and STOP with the lying please! No one believes you anyway.

Once again, for the lying moron trumptard Gatlin....

In late 2016, the Obama administration extended temporary one-year waivers to five banks — Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank.

Late last month, the Trump administration issued new, longer waivers for those same banks, granting Citigroup, JPMorgan, and Barclays five-year exemptions. UBS and Deutsche Bank received three-year exemptions.

Gatslime is the ultimate Trump-Bot. Reminds me a lot of the Bush-Bots after 9/11 who ate Freedom Fries and boycotted the Dixie Chicks.

In fact I bet he still believes Bush told the truth about WMDs.

Sorry I just don't get all of this blind Trump-Worship.

..attempting to defame and discredit Trump.

I'd say he's doing a pretty good job on his own.

In late 2016, the Obama administration extended temporary one-year waivers to five banks — Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank.

Late last month, the Trump administration issued new, longer waivers for those same banks, granting Citigroup, JPMorgan, and Barclays five-year exemptions. UBS and Deutsche Bank received three-year exemptions.

THAT PORTION IS TRUE. BUT …

The headline is a lie and the article is misleading yellow journalism by presenting only partial facts….just enough facts to dupe the you ignorant bastards who have nothing in mind except to discredit Trump.

The main question the article neglected to answer was WHAT were the waivers for? Only the retirement funds, right? The secondary question is why were the waivers required and granted?

The second thing not mentioned was that the extended temporary one-year waiver was only part of the Obama plan….the second part of Obama’s plan was to extend an IMPORTANT and NECESSARY portion of waivers to all banks by another five years. Trump knows the banks HAD to have the extension to save pension funds for MILLIONS of people. He extended the waiver on the retirement plans for the same reason Obama was going to have to for another five years. It is IMPOSSIBLE to liquidate BILLIONS and BILLIONS and BILLIONS of dollars in MILLIONS and MILLIONS of retire plans. IT IS IMPOSSIBLE TO DO SO. The banks still had to pay the fines and Deutsche Bank paid the most….$3.5 Billion. Deutsche Band and UBS only got a three-year waiver on the retirement instead of the five-year waiver on the retirement plans the other received. WHY? That is not stated anywhere.

You obviously don’t know enough about the situation to intelligently discuss it. The only thing you do is take a couple of sentences out of the misleading article….quote them, and believe them because that’s ALL the information the article presents to you.

REMEMBER, the key questions: The waivers were not blanket waivers from PUNISHMENT as the article suggests….what were the waivers for and why were they absolutely necessary?

If you want to discuss that, then “I’m Your Huckleberry.” If you don’t have enough information to intelligently discuss what is actually going on with the waivers….then go learn about them and get back to me.

..attempting to defame and discredit Trump. I'd say he's doing a pretty good job on his own.

I’d Say that you are believing too much of the shit you are selectively reading in your dearly beloved cherry picked yellow journalism articles.

If, that’s what you want to believe….then go ahead. You have that right.

But right now, we are discussing “WAIVERS” and you do need to stay on point.

The headline in the article you posted is a LIE and only partial information is presented in the article.

That makes your article yellow journalism.

Ping me when you have ascertained factual information….as then, we can continue this discussion.

Sorry I just don't get all of this blind Trump-Worship.

You should be more sorry that the headline you posted was a lie and the article only contained partial information so as to be misleading.

Presenting factual information when a misrepresentation has been made is not blind Trump worship.

Again....ping me when you get the facts straight.

That makes your article yellow journalism.

Did you expect any less out of the kook? He's been allowed to act like antifa, on forums for so long, he doesn't probably know what a disingenuous asshole he is.

Labor Department Grants Banks Multiyear Waivers to Manage Retirement Plans.

Without waivers, criminal convictions for market manipulation would have disqualified banks’ asset-management units under U.S. law.

https://www.wsj.com/articles/labor-department-grants-banks- multiyear-waivers-to-manage-retirement-plans-1514496653.

Stone, I recommend you delete this thread....I hate to see this lie continue to be perpetuated by these two assholes. Someone reading the headline and not reading the comments probably will believe it.

David Sirota

He's a CNN flunkie... and a past press spokesman for SOCIALIST SANDERS.

Right up DickTards alley.

I'm not answering ANY of the ridiculous questions in your defense of Obama's extensions for, the banks which have already been found GUILTY in a court of law!

Do your own research into why you worship Obama, and love the fact that President Trump is extending his disgraceful actions MUCH longer. .

Do your own research into why you worship Obama, and love the fact that President Trump is extending his disgraceful actions MUCH longer.

Hey - it's only wrong when a Democrat does it.

At least that's what Gatlin believes.

Some of these Trump-Bots have no principles whatsoever.

I'm not answering ANY of the ridiculous questions ...

You CAN’T because the whole article is a misrepresentation….a LIE.

You got caught up in prompting a lie, at first….then when I called you on it with facts, defending the lie.

Yu made an ass of yourself….but then, that’s nothing new for you and your buddy.

I did diligent research and showed Stone where you posted a flat out LIE.

"Josh Keefe

Jan 2 I really don't think we fully appreciate how insane it is that powerful conservatives created Fox News to scare old white people, only to have one of those old white people actually get elected president"

He's a self admitted snowflake... and a HUGE POTHEAD activist. DickTard, you always smell of hippie liberal.

I did diligent research and showed Stone where you posted a flat out LIE.

So you say.

Of course Stone is a Trump cultist too so I'm sure he'll go with your bullshit claim that the story is not factual.

You still getting a boner watching MMA fights queerbait?

Without waivers, criminal convictions for market manipulation would have disqualified banks’ asset-management units under U.S. law.

Then the assets should have been turned over to a more trustworthy and law abiding Bank/Management Firm, not what Obama and Trump are doing which is evading the lawful verdict and penalties.

Obama is a scofflaw, and by following in his footsteps Trump is too. He's had ample time for his financial officials to turn the accounts over to a responsible bank, and his administration has done nothing. Upping the number of years just adds insult to injury.

Trump needs to fire some employees and get some people in there who can and will do the job of forcing these sleazy banks into compliance with the law. Lock 'em up!

I did diligent research and showed Stone where you posted a flat out LIE.

So you say.

Of course Stone is a Trump cultist too so I'm sure he'll go with your bullshit claim that the story is not factual.

It is not only what I say....what I said is the truth, and that is what is important.

Stone will do what is right and I have made NO claim....the headline is a FLAT OUT LIE.

Trump Administration Waives Punishment For Convicted Banks ...

That is a LIE.

The waivers DID NOT exclude PUNISHMENT for convicted banks....they WERE CONVICTED and they paid their fines as prescribed by law. That was their punishment and there was NO waiver to that PUNISHMENT.

All that happened with the waivers was that:

The U.S. Labor Department issued waivers to the asset-management units of Citigroup and four other banks, allowing them to continue to manage corporate retirement plans.

The U.S. Labor department simply could not have caused those banks to liquidate BILLIONS upon BILLIONS of dollars in retirement funds assets without causing catastrophic results in the stock market, the U.S. dollar and runs on banks the likes which have never seen before in history.

You need to stop grabbing some headline you agree with and busting your ass to post the story on LF.

Start FACT CHECKING …

Then the assets should have been turned over to a more trustworthy and law abiding Bank/Management Firm ...

As if that had never been considered. And you as a reincarnated Mayer Amschel Rothschild could show them exactly how to do that, right? LMAO ...

But that is beside the point under discussion. What is under discussion and consideration for Stone is that the headline is a FLAT OUT LIE. Furthermore, the article is grossly misleading by presenting only partially factual information in an subtle attempt to paint Trump in a bad picture.

You still getting a boner watching MMA fights

https://youtu.be/Hl05kFaPq14

The baddest man that walks planet earth... at any weight.

Under laws designed to protect retirement savings, financial firms whose affiliates have been convicted of violating securities statutes are effectively barred from the lucrative business of managing those savings. However, that punishment can be avoided if the firms manage to secure a special exemption from the U.S. Department of Labor, allowing them to keep their status as “qualified professional asset managers.”

---

you as a reincarnated Mayer Amschel Rothschild could show them exactly how to do that, right? LMAO ...

You're no longer qualified to operate a potato peeler!

The only one lying here is you, Obama apologist. Trump needs to get his administration to come down on these outlaw banks like a ton of bricks!

You yourself quoted that they're disqualified from asset management under the law. They're not allowed to manage assets due to a conviction. The only reason they're getting away with it now is because of Obama, and now Trump's exemption extensions.

Why are you backing Obama and convicted criminal Banks? You're nutz! How much stock do you own in these criminal outfits, more than George Soros?

Trump needs to get his administration to come down on these outlaw banks like a ton of bricks!

It has been done already. The banks were convicted and fined BILLIONS of dollars. That was “A TON OF BRICKS” to the banks....losing money to fines.

The banks running the retirement funds had NOTHING to do with the crime the banks were convicted of. The headline is a BIG LIE.

The Trump administration did NOT waive punishment for convicted banks.

The waiver is simply to allow the banks to continue administering the retirement funds, something the U.S. Labor Department has been looking into since May 20,2015, after the Security Exchange Commission granted a series of waivers to the banks allowing them to continue their usual securities business, after they agreed to plead guilty to criminal charges.

The U.S. Labor Department, the Security Exchange Commission and many....many....others can see the definitively positive reasons to let these banks continue to own and actively run the retirement funds. It has NOTHING to do with their convictions and it has NOTHING to do with PUNISHMENT.

What is there about this that you simply fail to understand?

The headline is a BOLD FACE LIE and the article is PURELY AN ANTI-TRUMP HIT PIECE which is trying to make much to do about nothing. Prohibiting the banks from running the retirement accounts for millions of people would solve nothing and only be punishing those people depending on the proper functioning of those retirement accounts for their daily living.

You are blinded by your extreme hatred for Trump and unable to think rationally....not that you have been.

Spend your time on something important....stop wasting it on trying to defend a LIE.

https://www.reuters.com/article/us-banks-forex-settlement-waivers/sec-grants- waivers-to-banks-after-guilty-pleas-idUSKBN0O526720150520 SEC grants waivers to banks after guilty pleas #BUSINESS NEWS - MAY 20, 2015.

... your [hondo68] extreme hatred for Trump

Aren't you going overboard there, tater?

How much stock do you own in these criminal outfits ...

Getting back to answer your question here....I own a a bunch.

And I will own even more on Tuesday when UBS hits my automatic buy perimeters of up at least 1% on the day, up at least a total of 5% over the past 5 days and up 5 days straight in a row.

Check it out:

https://www.barchart.com/stocks/quotes/UBS/overview .

https://www.barchart.com/stocks/quotes/UBS/performance .

Go on a tear UBS.

... more than George Soros?

Uh, no, I do not own as much of these banks stocks as George Soros does....but I am diligently working on getting there.

Speaking of George Soros, as you did, look who old George hired as his CIO....and especially pay attention to where he hired her from.

This Is Who George Soros Trusts to Oversee His $25 Billion Family Office .

George Soros tapped Dawn Fitzpatrick from UBS Asset Management to oversee his $25 billion family office, replacing Ted Burdick a year after he stepped into the role, according to people with knowledge of the matter.

Fitzpatrick, 46, was global head of equities, multi-asset investing and the O’Connor hedge fund unit at UBS Group AG’s money management arm. She’ll be the first woman to hold the CIO role at Soros Fund Management, which is among the largest family offices in the U.S.

/..../

Hey look - Gatlin is as giddy as a schoolgirl because he has the same financial advisor as George Soros!

Birds of a feather.

he has the same financial advisor as George Soros!

Birds of a feather.

I'm becoming more and more convinced that Gatlin is wearing his PinkPussyhat while posting!

I am so market savvy that I need no financial advisor.

This is why I am giddy:

This epic stock-market rally will get a second wind from stellar earnings.
      Cha Ching $ $ $ $ $ Cha Ching $ $ $ $ $ Cha Ching !!!
The Stock Market Never Goes Down Anymore
      Cha Ching $ $ $ $ $ Cha Ching $ $ $ $ $ Cha Ching !!!
Investors pile into stock market as ‘bull capitulation begins’: BAML .
      Cha Ching $ $ $ $ $ Cha Ching $ $ $ $ $ Cha Ching !!!
Stocks keep jumping, led by retailers.
      Cha Ching $ $ $ $ $ Cha Ching $ $ $ $ $ Cha Ching !!!
Major stock indexes close at records ahead of earnings .
      Cha Ching $ $ $ $ $ Cha Ching $ $ $ $ $ Cha Ching !!!

Ah, it really is such a WONDERFUL WORLD and I enjoy living ever minute in it....
and, Deckard, I am truly sorry that you cannot.

Nah....this cap I wear:

In late 2016, the Obama administration extended temporary one-year waivers to five banks — Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank. Late last month, the Trump administration issued new, longer waivers for those same banks, granting Citigroup, JPMorgan, and Barclays five-year exemptions.

So shouldn't the headline be, "Trump Administration Extends Obama Administration Waivers"?