It will take years for dust to settle on TD scandal

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  • Опубликовано: 17 дек 2024

Комментарии • 54

  • @rettbutler1312
    @rettbutler1312 6 месяцев назад +5

    The CEO of TD bank, Bharat Masrani, who has been settled in Canada for roughly 21 years but working for TD bank for DECADES (immigrated young), is a Ugandan-born immigrant of East Indian descent. Just gonna leave that here.

    • @songsabai3794
      @songsabai3794 6 месяцев назад +2

      Most of TD employee's can't speak coherent English.

    • @PardonMyPresence
      @PardonMyPresence 2 месяца назад

      Dont bring Africa into this. None of the East Indians born in Uganda speak the native languages. They are there to pillage.

  • @CarlingOV
    @CarlingOV 2 месяца назад +2

    This is criminal. It's about time that white collar criminals are charged and thrown into prison. White collar crime will continue to fluorish until there are consequences. Masrani has accepted blame and should be going to prison.

    • @el-Cu9432
      @el-Cu9432 2 месяца назад

      Definitely. There is no way he wasn't aware of these shenanigans. Those are felonious charges and he should be facing prison time.

  • @beautifullromania4611
    @beautifullromania4611 7 месяцев назад +8

    So lucky just sold their stock! I am not impressed with their customer support neither!

    • @luckyloonie1359
      @luckyloonie1359 6 месяцев назад +1

      6:66 The bigger the bank💳 is involved in money laundering the more they can get away with🕯... #TDBank😔 just not happened to be one of them clearly... 🌎💘💰

  • @B1398-p8i
    @B1398-p8i 7 месяцев назад +5

    Fire the chief of TD for the bad decisions.

    • @luckyloonie1359
      @luckyloonie1359 6 месяцев назад +1

      6:66 The bigger the bank💳 is involved in money laundering the more they can get away with🕯... #TDBank😔 just not happened to be one of them clearly... 🌎💘💰

  • @ThomasMullaly-do9lz
    @ThomasMullaly-do9lz 7 месяцев назад +7

    Does anyone who works in finance have any morals?

    • @jay1645
      @jay1645 7 месяцев назад

      Yeah go by one mostly how to leverage a buck to make more and stay clear of regulations as much as possible. Also game the system via lobbies to pay less in fines overall to profits made lol

    • @Lpmeff
      @Lpmeff 7 месяцев назад +1

      no just like goverment

  • @michaelurban1937
    @michaelurban1937 6 месяцев назад +2

    I would believe that they are the only ones who have been caught. It's highly doubtful that all the other banks are innocent.

  • @luckyloonie1359
    @luckyloonie1359 6 месяцев назад +1

    6:66 The bigger the bank💳 is involved in money laundering the more they can get away with🕯... #TDBank😔 just not happened to be one of them clearly... 🌎💘💰

  • @Havoc-bc6oy
    @Havoc-bc6oy 2 месяца назад

    First ever Indian ceo of TD and true to form. Scammers

  • @LucyPirolli
    @LucyPirolli 7 месяцев назад +6

    This bank stole my credit let me know

  • @briantsang
    @briantsang 7 месяцев назад +3

    yea canadas 2nd largest bank and one of us 10th biggest banks is gonna fall

  • @LucyPirolli
    @LucyPirolli 7 месяцев назад +1

    Who is that in the background dah

  • @niccamelfly
    @niccamelfly 7 месяцев назад +3

    Bad news always come in a string of bad news. This situation demands a cockroach approach.

  • @DavesNotHome
    @DavesNotHome 6 месяцев назад

    Please tell us who has been arrested in this?

  • @APICSKH
    @APICSKH 7 месяцев назад +1

    Jefferies must have a short position on TD

  • @el-Cu9432
    @el-Cu9432 2 месяца назад

    Of course this scandal woll affect TD's brand. What ks thos guy saying. Two words that dont pair well together to customers are banks and in - house criminality. I don't know of too many people who would not be concerned with having for some life longed savings in a bank where the employees engaged in crimminal and unethical banking tactics.

  • @geraldbrowne
    @geraldbrowne 7 месяцев назад +3

    Read the indictments in the USA . TD is toast

    • @svenhodaka9145
      @svenhodaka9145 7 месяцев назад

      Really? What’s the short version summary?

    • @geraldbrowne
      @geraldbrowne 7 месяцев назад

      @@svenhodaka9145 DOJ - plans to make an example of TD and other entities in the Canadian pipeline. Remember the Can bank pipelines through Hong Kong to Toronto and TSX. The criminal trials should occur second. Then civil trials will follow as the lawyers circle. USA DOJ and USA politicians patiently waited for Canada to police the laundering. Now with established links to drug cartels, through Canada financials, the politicians are coming with pressure to indict. Someone has to pay for fentanyl deaths. Canada is the best to show to USA voters. More to come.

    • @jay1645
      @jay1645 7 месяцев назад +1

      Not on the money laundering issue as fines a pittance to $$$ made .. need to sift through the balance sheet for other risks lol generally a buying opp !

  • @upupandaway5646
    @upupandaway5646 4 месяца назад

    Buy buy buy

  • @LucyPirolli
    @LucyPirolli 7 месяцев назад

    I would love my own

  • @svenhodaka9145
    @svenhodaka9145 7 месяцев назад

    Similar story with different details years ago with CIBC. “What doesn’t kill you makes you stronger” CIBC has done fine. If you have 10+ year time horizon accumulate TD for excellent dividends and growth. Another option is to buy Canadian banks ETF. Simple.

    • @jay1645
      @jay1645 7 месяцев назад +2

      Always make more than what they pay in fines so the drop is a buying opp as long as other areas of the balance sheet are sound lol

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