I think DB settled for $5B. DB shares got hammered, and the German government had to get involved.
He was incredibly serious. He hit BP for $20B without batting an eyelash over the thing in the Gulf of Mexico. BP just bent over and took it with a handful of sand tossed in.
Was that the benchmark rigging thing? If so, that fine ended up being about $70 mil. Was the Russian money laundering fine ever actually assessed?
FWIW, after what I’ve been reading, I’d take another look at any and all fines levied by the Obama administration to find out just how much the company being fined actually paid and where the **** money went.