Replies to This Discussion

Permalink Reply by Dexter Green on April 24, 2015 at 3:45am

$12,000,000 fine...that's funny.  That's like a speeding ticket for the rest of us.

• ▶ Reply

Permalink Reply by Tim Tarr on April 24, 2015 at 6:18am

     " Failed to disclose the conflict to the boards of the BlackRock funds and Investors"

So how much of that $12mm will go to the "fund and Investors".  I'll bet investors are paying the fine !!!!

• ▶ Reply

Permalink Reply by Dexter Green on April 24, 2015 at 11:03am

Kind of like when JPM settles with the DOJ and pays them billions of shareholder's money, a tiny fraction of which eventually makes it back to the alleged victims of mortgage fraud.

• ▶ Reply