In a Mortgage-Crisis Settlement, Did a Bank Get Off Easy?

New York Times, Oct. 27, 2017–Gretchen Morgensen
When they announced the $5.28 billion deal, prosecutors cited it as evidence that the United States government can and will ride herd on large financial institutions if they engage in misconduct. A little more than six months later, it’s worth asking: How tough, really, was the settlement on Credit Suisse?