"By resolving legal disputes through arbitration, both the consumer and the business have the ability to reach a positive resolution at a lower cost," Wells Fargo said in its statement.

The only "positive resolution" to this and the manifold fraud that permeates the banking cartel is hard time in the slammer. For the low-lifes who committed the perjury, and for all the managers, all the way to the top, who permitted it. Anything else is just the cost of doing business, and it falls on the banks' shareholders, not the perps.

The Obama Administration - the brilliant Hope and Change crowd - could have drawn a line in the sand, not in Syria, but in protecting Americans from the predacious banking industry. Instead, it was as complicit as any prior administration, maybe more so, as it was handed all the evidence it needed to put these crooks in jail.

God help us with the new mob of billionaires in charge. And no, it wouldn't have been any better with Wall Street Hillary at the helm.