Bank of America agreed to pay $72.5 million to settle a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on March 27.
Lawyers for the bank and the women had told Manhattan-based U.S. District Judge Jed Rakoff this month they had reached a “settlement in principle,” but terms of the deal were not disclosed at the time.
“While we stand by our prior statements made in the filings in this case, including that Bank of America did not facilitate sex trafficking crimes, this resolution allows us to put this matter behind us and provides further closure for the plaintiffs,” a spokesperson for Bank of America said in a statement.
In a joint court filing, David Boies and Bradley Edwards, attorneys for the plaintiffs, said the settlement represented the best option for their clients “given that many Class Members suffered harm many years ago and are in need of financial relief now.”
Good for the victims. Still, it’s just so typical of the U.S. that you can always just buy your way out of responsibility if you’re rich enough.
Well, the logical consequence is precisely the situation this absurd country finds itself in today: justice simply no longer exists, and the country is openly ruled by organized crime.
The only surprising thing about this is that the citizens have apparently come to terms with it.
It’s like blackmail in reverse.
And that’s why you should only bank with your local credit unions!
