GOP outlaws consumer class action suits against financial institutions.

[Care4all]

That would be a great argument to stop requiring automakers from issuing safety recalls! My brother's Pinto would light up like a zippo lighter if hit in the rear, but, by god, it was cheap!

Strawman as usual... Why would McDonalds have to pay hundreds of thousands of dollars to a stupid bitch who put her HOT coffee between her legs then get in an accident that burned her legs? Phishing...

good point. Let's make suing McDonald's illegal, too. Then, when they poison people, they can take them to arbitration....if they live.

Why would that be a class action lawsuit?

And, why would republicans want to protect the financial industry against class action lawsuits?

Wells Fargo, Awash in Scandal, Faces Violations Over Car Insurance Refunds

Wells Fargo account fraud scandal - Wikipedia

Wells Fargo's scandals just won’t die

Wells Fargo Scandals Expand With Firing of Foreign Exchange Bankers

These are just a few from the last year or so, just for ONE bank.

And saying that the republicans are trying to curb abuses of class action trial lawyers is a joke. if they wanted to do that, they would allow EVERY business to require arbitration.

This is so transparent that even a Trump supporter knows that that dog don't hunt.

It doesn't say you cannot sue them!

Class action suits favor the lawyer, not those ripped off.

I had a class action lawsuit that notified me that I got $23,00 back out of a multimillion lawsuit. How much did I lose? Probably ten times that much. How much did the lawyer get?

class action or not, the normal lawyer gets at minimum 40%....

a lot!

 

[Vandalshandle]

That would be a great argument to stop requiring automakers from issuing safety recalls! My brother's Pinto would light up like a zippo lighter if hit in the rear, but, by god, it was cheap!

Strawman as usual... Why would McDonalds have to pay hundreds of thousands of dollars to a stupid bitch who put her HOT coffee between her legs then get in an accident that burned her legs? Phishing...

good point. Let's make suing McDonald's illegal, too. Then, when they poison people, they can take them to arbitration....if they live.

Why would that be a class action lawsuit?

And, why would republicans want to protect the financial industry against class action lawsuits?

Wells Fargo, Awash in Scandal, Faces Violations Over Car Insurance Refunds

Wells Fargo account fraud scandal - Wikipedia

Wells Fargo's scandals just won’t die

Wells Fargo Scandals Expand With Firing of Foreign Exchange Bankers

These are just a few from the last year or so, just for ONE bank.

And saying that the republicans are trying to curb abuses of class action trial lawyers is a joke. if they wanted to do that, they would allow EVERY business to require arbitration.

This is so transparent that even a Trump supporter knows that that dog don't hunt.

It doesn't say you cannot sue them!

Class action suits favor the lawyer, not those ripped off.

I had a class action lawsuit that notified me that I got $23,00 back out of a multimillion lawsuit. How much did I lose? Probably ten times that much. How much did the lawyer get?

Sure, that's fair. Me, a retired citizen living on a fixed income, suing Wells Fargo, which has a building full of attorneys, perfectly content on delaying the trial by legal strategies until I am dead..

 

[ScienceRocks]

The GOP is only for the rich. To hell with the worker, too hell with the little guy and to hell with the consumer.

The gop is evil.

 

[Vandalshandle]

Right! When I get apply for a credit card at Wells Fargo, I will simply insist they they rewrite the contract on my terms!

Or go with a different bank offering better terms.

According to the GOP bill just past, the "free market" requires that congress pass a law protecting ALL banks from class action suits. Why, that is what the "free market" is all about, isn't it?

That is not what what the Senate did, you need to quit reading whatever news source you are using, they are lying to you.

There is no bill.

The Senate removed a rule, they did not make a new bill or make a new rule, now there are less rules which means the market is just a little bit more free.

Great. So, the next time that the financial industry causes a major economic crisis like they did with mortgage derivatives in 2008, wiping out trillions of dollars of America's wealth overnight, we will each call in an arbitrator when our houses are repossessed.

That's better than getting nothing but chump change out a class action lawsuit.

I understand that, since you are GOP, it is all about what you get. To me, it is all about making them think twice about what their actions are going to cost them. Wells Fargo has a history of not thinking even once.

 

[ABikerSailor]

...and a huge payout by the corporation that lost....

So money gets transferred from the 1% you don't like, to the 1% you do like....


great....

If that discourages corporations from illegally ripping me off, yeah, i can live with that.

How do corporations illegally rip you off?

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Yeah, wanna talk about the ties between ENRON and Bush? ENRON financed damn near all of his campaigns.

Enron's Close Ties to Bush

When the energy-trading firm Enron collapsed recently after disclosing financial irregularities, thousands of employees lost their jobs and investors lost billions. Enron's fall also crippled one of President Bush's most loyal corporate supporters.

The Houston-based company was among the first to back Bush when he ran for governor of Texas. Enron and its executives went on to become the largest source of financial support for Bush's gubernatorial campaigns, giving more than $500,000, according to a study by the Center for Public Integrity.

"Enron was the number one career patron for George W. Bush," said center director Charles Lewis. "There was no company in America closer to George W. Bush than Enron." Lewis says the company's goal in backing Bush and other politicians was to encourage further deregulation of the energy industry.

As far as bitching about Obama not punishing VW for their emissions messing around, what the hell is fining them 14.7 BILLION dollars, a kiss on the lips?

Volkswagen agrees to $14.7 billion settlement over emissions cheating

 

[Mikeoxenormous]

Strawman as usual... Why would McDonalds have to pay hundreds of thousands of dollars to a stupid bitch who put her HOT coffee between her legs then get in an accident that burned her legs? Phishing...

good point. Let's make suing McDonald's illegal, too. Then, when they poison people, they can take them to arbitration....if they live.

Why would that be a class action lawsuit?

And, why would republicans want to protect the financial industry against class action lawsuits?

Wells Fargo, Awash in Scandal, Faces Violations Over Car Insurance Refunds

Wells Fargo account fraud scandal - Wikipedia

Wells Fargo's scandals just won’t die

Wells Fargo Scandals Expand With Firing of Foreign Exchange Bankers

These are just a few from the last year or so, just for ONE bank.

And saying that the republicans are trying to curb abuses of class action trial lawyers is a joke. if they wanted to do that, they would allow EVERY business to require arbitration.

This is so transparent that even a Trump supporter knows that that dog don't hunt.

It doesn't say you cannot sue them!

Class action suits favor the lawyer, not those ripped off.

I had a class action lawsuit that notified me that I got $23,00 back out of a multimillion lawsuit. How much did I lose? Probably ten times that much. How much did the lawyer get?

Sure, that's fair. Me, a retired citizen living on a fixed income, suing Wells Fargo, which has a building full of attorneys, perfectly content on delaying the trial by legal strategies until I am dead..

Of course you could do like I did and pull all your money out of the bank, and find a more reputable banking system. But just like you guys voting Democrat all the time, you don't give a rats ass if a liberal politicians steals your money, but if a liberal bank does it, then get out the pitchforks.. liberalism is a mental disorder...

 

[Mikeoxenormous]

So money gets transferred from the 1% you don't like, to the 1% you do like....


great....

If that discourages corporations from illegally ripping me off, yeah, i can live with that.

How do corporations illegally rip you off?

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Yeah, wanna talk about the ties between ENRON and Bush? ENRON financed damn near all of his campaigns.

Enron's Close Ties to Bush

When the energy-trading firm Enron collapsed recently after disclosing financial irregularities, thousands of employees lost their jobs and investors lost billions. Enron's fall also crippled one of President Bush's most loyal corporate supporters.

The Houston-based company was among the first to back Bush when he ran for governor of Texas. Enron and its executives went on to become the largest source of financial support for Bush's gubernatorial campaigns, giving more than $500,000, according to a study by the Center for Public Integrity.

"Enron was the number one career patron for George W. Bush," said center director Charles Lewis. "There was no company in America closer to George W. Bush than Enron." Lewis says the company's goal in backing Bush and other politicians was to encourage further deregulation of the energy industry.

As far as bitching about Obama not punishing VW for their emissions messing around, what the hell is fining them 14.7 BILLION dollars, a kiss on the lips?

Volkswagen agrees to $14.7 billion settlement over emissions cheating

I just pointed out that Bill Clinton had ties, and like a 6 year old you come back with Bush did it too. Justifying that Bill was still your guy. I don't like establishment Republicans like George Bush, but you still would suck Bill's cock, wouldn't you?

WHY I LOVE BILL CLINTON’S PENIS

WHY I LOVE BILL CLINTON’S PENIS
March 7, 2006 by Matt

 

[Mikeoxenormous]

So money gets transferred from the 1% you don't like, to the 1% you do like....


great....

If that discourages corporations from illegally ripping me off, yeah, i can live with that.

How do corporations illegally rip you off?

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Yeah, wanna talk about the ties between ENRON and Bush? ENRON financed damn near all of his campaigns.

Enron's Close Ties to Bush

When the energy-trading firm Enron collapsed recently after disclosing financial irregularities, thousands of employees lost their jobs and investors lost billions. Enron's fall also crippled one of President Bush's most loyal corporate supporters.

The Houston-based company was among the first to back Bush when he ran for governor of Texas. Enron and its executives went on to become the largest source of financial support for Bush's gubernatorial campaigns, giving more than $500,000, according to a study by the Center for Public Integrity.

"Enron was the number one career patron for George W. Bush," said center director Charles Lewis. "There was no company in America closer to George W. Bush than Enron." Lewis says the company's goal in backing Bush and other politicians was to encourage further deregulation of the energy industry.

As far as bitching about Obama not punishing VW for their emissions messing around, what the hell is fining them 14.7 BILLION dollars, a kiss on the lips?

Volkswagen agrees to $14.7 billion settlement over emissions cheating

Where did that money go? It sure didn't go to those that were disenfranchised by VW.

 

[L.K.Eder]

Senate Votes to Repeal Financial Class Action Rule

Wall Street wins.

You lose.

This is what the GOP calls "draining the swamp"

Most class action suits result in a coupon for a free slurpee for the plaintiffs, and a new yacht for the trial lawyers.

lol.

i remember a class action suit that resulted in a settlement wherein the defrauded consumers got almost all their money back, and the trial lawyers after years of work waived their fees.

 

[martybegan]

If that discourages corporations from illegally ripping me off, yeah, i can live with that.

How do corporations illegally rip you off?

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Neither needed a class action to punish the offenders. ENRON was taken out using the criminal justice system, and with VW the government was able to go after them.

I was a resident of California during the time that Enron stole the entire state surplus over artificial price gouging. That was my tax money. i never saw any of it again, so, I would say that there really is no need to dial back the financial responsibility of corporations stealing from the public.

Considering ENRON was making money out of thin air, how would a class action suit against them win anything? They got punished using good old fashioned criminal prosecution.

 

[martybegan]

Most class action suits result in a coupon for a free slurpee for the plaintiffs, and a new yacht for the trial lawyers.

...and a huge payout by the corporation that lost....

So money gets transferred from the 1% you don't like, to the 1% you do like....


great....

If that discourages corporations from illegally ripping me off, yeah, i can live with that.

Your hatred of (some) people with more than you doesn't justify allowing BS lawsuits that only enrich trial lawyers, and by proxy, the DNC.

Oh bull crap...this is nothing less than an amnesty, from the cronies in Washington, for their donors and owners....

why do banks get this favor and not all corporations and businesses and countries?

It's a FAVOR and PAYBACK Marty, really it is.... and it keeps us from being able to redress our grievances....

where are all of these FAKE/ frivolous lawsuits that you claim? How many are wrong, compared to how many are right and not frivolous?

And it keeps mr slimy lawyer from adding another level to his condo while everyone else gets a check for $5.

There are other mechanisms to prevent Bank Fraud than the class action scam.

 

[martybegan]

Senate Votes to Repeal Financial Class Action Rule

Wall Street wins.

You lose.

This is what the GOP calls "draining the swamp"

Most class action suits result in a coupon for a free slurpee for the plaintiffs, and a new yacht for the trial lawyers.

lol.

i remember a class action suit that resulted in a settlement wherein the defrauded consumers got almost all their money back, and the trial lawyers after years of work waived their fees.

This was more of a political hatchet job than anything else, and I have a feeling those lawyers will be compensated in other ways....

 

[Wry Catcher]

How do corporations illegally rip you off?

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Neither needed a class action to punish the offenders. ENRON was taken out using the criminal justice system, and with VW the government was able to go after them.

I was a resident of California during the time that Enron stole the entire state surplus over artificial price gouging. That was my tax money. i never saw any of it again, so, I would say that there really is no need to dial back the financial responsibility of corporations stealing from the public.

Considering ENRON was making money out of thin air, how would a class action suit against them win anything? They got punished using good old fashioned criminal prosecution.

And how well did the employees and stock holders do?

 

[martybegan]

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Neither needed a class action to punish the offenders. ENRON was taken out using the criminal justice system, and with VW the government was able to go after them.

I was a resident of California during the time that Enron stole the entire state surplus over artificial price gouging. That was my tax money. i never saw any of it again, so, I would say that there really is no need to dial back the financial responsibility of corporations stealing from the public.

Considering ENRON was making money out of thin air, how would a class action suit against them win anything? They got punished using good old fashioned criminal prosecution.

And how well did the employees and stock holders do?

They got fucked, and the people who did it went to prison. Again, how would a class action lawsuit have solved this situation?

This is the same question we ask about how a given gun law grabbers propose would have stopped whatever incident led to the new law being proposed.

 

[Vandalshandle]

good point. Let's make suing McDonald's illegal, too. Then, when they poison people, they can take them to arbitration....if they live.

Why would that be a class action lawsuit?

And, why would republicans want to protect the financial industry against class action lawsuits?

Wells Fargo, Awash in Scandal, Faces Violations Over Car Insurance Refunds

Wells Fargo account fraud scandal - Wikipedia

Wells Fargo's scandals just won’t die

Wells Fargo Scandals Expand With Firing of Foreign Exchange Bankers

These are just a few from the last year or so, just for ONE bank.

And saying that the republicans are trying to curb abuses of class action trial lawyers is a joke. if they wanted to do that, they would allow EVERY business to require arbitration.

This is so transparent that even a Trump supporter knows that that dog don't hunt.

It doesn't say you cannot sue them!

Class action suits favor the lawyer, not those ripped off.

I had a class action lawsuit that notified me that I got $23,00 back out of a multimillion lawsuit. How much did I lose? Probably ten times that much. How much did the lawyer get?

Sure, that's fair. Me, a retired citizen living on a fixed income, suing Wells Fargo, which has a building full of attorneys, perfectly content on delaying the trial by legal strategies until I am dead..

Of course you could do like I did and pull all your money out of the bank, and find a more reputable banking system. But just like you guys voting Democrat all the time, you don't give a rats ass if a liberal politicians steals your money, but if a liberal bank does it, then get out the pitchforks.. liberalism is a mental disorder...

A liberal bank?

Anda...., you simply have to stop eating those mushrooms.....

 

[Vandalshandle]

If that discourages corporations from illegally ripping me off, yeah, i can live with that.

How do corporations illegally rip you off?

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Yeah, wanna talk about the ties between ENRON and Bush? ENRON financed damn near all of his campaigns.

Enron's Close Ties to Bush

When the energy-trading firm Enron collapsed recently after disclosing financial irregularities, thousands of employees lost their jobs and investors lost billions. Enron's fall also crippled one of President Bush's most loyal corporate supporters.

The Houston-based company was among the first to back Bush when he ran for governor of Texas. Enron and its executives went on to become the largest source of financial support for Bush's gubernatorial campaigns, giving more than $500,000, according to a study by the Center for Public Integrity.

"Enron was the number one career patron for George W. Bush," said center director Charles Lewis. "There was no company in America closer to George W. Bush than Enron." Lewis says the company's goal in backing Bush and other politicians was to encourage further deregulation of the energy industry.

As far as bitching about Obama not punishing VW for their emissions messing around, what the hell is fining them 14.7 BILLION dollars, a kiss on the lips?

Volkswagen agrees to $14.7 billion settlement over emissions cheating

I just pointed out that Bill Clinton had ties, and like a 6 year old you come back with Bush did it too. Justifying that Bill was still your guy. I don't like establishment Republicans like George Bush, but you still would suck Bill's cock, wouldn't you?

WHY I LOVE BILL CLINTON’S PENIS

WHY I LOVE BILL CLINTON’S PENIS
March 7, 2006 by Matt

..and now, you are back to Bill Clinton. Why not divert back to Thomas Jefferson? You have been heading that direction since the start of the thread!

 

[Vandalshandle]

How do corporations illegally rip you off?

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Neither needed a class action to punish the offenders. ENRON was taken out using the criminal justice system, and with VW the government was able to go after them.

I was a resident of California during the time that Enron stole the entire state surplus over artificial price gouging. That was my tax money. i never saw any of it again, so, I would say that there really is no need to dial back the financial responsibility of corporations stealing from the public.

Considering ENRON was making money out of thin air, how would a class action suit against them win anything? They got punished using good old fashioned criminal prosecution.

Got a problem with corporations being held accountable of their actions? Damn! I thought that the GOP was all about personal responsibility! Speaking of which, how many financial institution executives went to prison after the 2008 housing meltdown?

 

[martybegan]

Would you like to ask VW, or maybe Enron?

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind

Enron Corporation saw the opportunity to exploit the newly minted Clinton administration even before Clinton was sworn into office, and saw 1992 campaign issues including investment tax credits and restrictions on carbon dioxide as beneficial to the company.

According to the November 1992 edition of the Enron corporate newsletter, 'To The Point,' the company looked forward to dealing with the upcoming Clinton administration.

Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Neither needed a class action to punish the offenders. ENRON was taken out using the criminal justice system, and with VW the government was able to go after them.

I was a resident of California during the time that Enron stole the entire state surplus over artificial price gouging. That was my tax money. i never saw any of it again, so, I would say that there really is no need to dial back the financial responsibility of corporations stealing from the public.

Considering ENRON was making money out of thin air, how would a class action suit against them win anything? They got punished using good old fashioned criminal prosecution.

Got a problem with corporations being held accountable of their actions? Damn! I thought that the GOP was all about personal responsibility! Speaking of which, how many financial institution executives went to prison after the 2008 housing meltdown?

Class action lawsuits are not the method to use. and now you are just bouncing from one thing to another and cannot focus because you don't have an actual answer.

In 2008 everyone was pretty much following the rules, and everyone got burned.

In the case of ENRON people didn't follow the rules, and they went to jail.

 

[Wry Catcher]

Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....

Neither needed a class action to punish the offenders. ENRON was taken out using the criminal justice system, and with VW the government was able to go after them.

I was a resident of California during the time that Enron stole the entire state surplus over artificial price gouging. That was my tax money. i never saw any of it again, so, I would say that there really is no need to dial back the financial responsibility of corporations stealing from the public.

Considering ENRON was making money out of thin air, how would a class action suit against them win anything? They got punished using good old fashioned criminal prosecution.

Got a problem with corporations being held accountable of their actions? Damn! I thought that the GOP was all about personal responsibility! Speaking of which, how many financial institution executives went to prison after the 2008 housing meltdown?

Class action lawsuits are not the method to use. and now you are just bouncing from one thing to another and cannot focus because you don't have an actual answer.

In 2008 everyone was pretty much following the rules, and everyone got burned.

In the case of ENRON people didn't follow the rules, and they went to jail.

And yet the employees and stockholders remain screwed. I agree, class action suits are not the answer, but outlawing them only benefits the wrongdoer (and in most cases the wrongdoer is the corporation, the Republican Party's best friend).

 

[Mikeoxenormous]

Why would that be a class action lawsuit?

And, why would republicans want to protect the financial industry against class action lawsuits?

Wells Fargo, Awash in Scandal, Faces Violations Over Car Insurance Refunds

Wells Fargo account fraud scandal - Wikipedia

Wells Fargo's scandals just won’t die

Wells Fargo Scandals Expand With Firing of Foreign Exchange Bankers

These are just a few from the last year or so, just for ONE bank.

And saying that the republicans are trying to curb abuses of class action trial lawyers is a joke. if they wanted to do that, they would allow EVERY business to require arbitration.

This is so transparent that even a Trump supporter knows that that dog don't hunt.

It doesn't say you cannot sue them!

Class action suits favor the lawyer, not those ripped off.

I had a class action lawsuit that notified me that I got $23,00 back out of a multimillion lawsuit. How much did I lose? Probably ten times that much. How much did the lawyer get?

Sure, that's fair. Me, a retired citizen living on a fixed income, suing Wells Fargo, which has a building full of attorneys, perfectly content on delaying the trial by legal strategies until I am dead..

Of course you could do like I did and pull all your money out of the bank, and find a more reputable banking system. But just like you guys voting Democrat all the time, you don't give a rats ass if a liberal politicians steals your money, but if a liberal bank does it, then get out the pitchforks.. liberalism is a mental disorder...

A liberal bank?

Anda...., you simply have to stop eating those mushrooms.....

A conservative bank wouldnt screw over their customers... Got it?