Quem disse que os grandes bancos nunca perdem?

Aquela coisa do too big to pay the costs já não funciona mais ao que parece.
Da coluna diária do American Banker, o boletim dos banqueiros americanos:


Citi Settles: In a story that will sound familiar, Citigroup has agreed to pay $730 million to settle claims that it misled its bond and preferred stock investors about possible exposure to losses on securities backed by subprime mortgages. The settlement is now the second-largest class action settlement related to the financial crisis. Bank of America's $2.4 billion payout to shareholders over the health of Merrill Lynch still takes the top spot. Citi, which maintains it did nothing wrong and merely settled "to eliminate the uncertainties, burden and expense of further protracted litigation," plans to cover the costs with "existing litigation reserves," the FT reports. One analyst told the Journal he thinks "we're starting to see the light at the end of the tunnel" in terms of the litigation, "which is one reason why these stocks have been trading better." New York Times, American Banker