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Toronto-Dominion Bank T.TD

Alternate Symbol(s):  TD | T.TD.PF.A | TDBCP | T.TD.PF.C | TDOPF | T.TD.PF.D | TDBKF | TDOMF | T.TD.PF.E | T.TD.PF.I | T.TD.PF.J

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, which provides financial products and services to personal, small business and commercial customers, and includes TD Auto Finance Canada; U.S. Retail segment, which is comprised of personal and business banking in the United States, operating under the brand TD Bank; Wealth Management and Insurance segment includes the Canadian wealth business which provides investment products and services to institutional and retail investors, and the insurance business which provides property and casualty insurance, as well as life and health insurance products to customers across Canada, and Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures.


TSX:TD - Post by User

Comment by Dibah420on Jan 21, 2024 11:13am
259 Views
Post# 35837887

RE:They've found a scapegoat

RE:They've found a scapegoatHowever, as has been mentioned, the buck stops with CEO Masrani. 
Next in line: President TD America: Leo Salom. 
But then, where was the CFO, the Chief Auditor, The Chief RiskOfficer?  etc etc.  Xmas bonuses, anyone?

Other than Nunes-Florez nobody is going to jail.  The Bank will pay the fine and the boondongle will soon be forgotten.  Remember Goldman Sachs & the Billion Dollar Malaysian fiasco? They are still in business and doing well, thank you.
Unless some aspiring politician in US pursues the chase; but I can think of Elliot Spitzer and how he was sandbagged with a $5k hooker.

Heck, Cheney-Bush took the nation to an illegal war based on false claims of WMD, which they KNEW were lies.  And what did Obama do? Nada.  He had the convenient excuse that he was saving the nation from financial disaster.
And yeah, who went to jail on that one!!
Last but not least, witness the challenges prosecutiong the orange buffoon. Dem's the ropes.
Cheers
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