With the settlement “finalized and executed,” the state of Illinois is set to collect $33.6 million while Edelweiss principal Johan Rosenberg will receive $14.4 million as a reward for bringing the lawsuit on behalf of the government. The remaining $22 million will be set aside to pay for the legal expenses incurred by Edelweiss through the years.
Interesting how the majority goes to the state of IL as well. I smell another avenue of laundering
70 Million. A minor fee for these damned institutions
Interesting how the majority goes to the state of IL as well. I smell another avenue of laundering
Seriously. Gov gives insider info to bank, bank gives kickbacks to gov, gov catches bank breaking rules, bank gives more money to gov.