Quantcast
"Bank cases will deter other banks, thereby stopping the processing of transactions for fraudulent merchants," one Justice Department official wrote.

Five Takeaways from Internal DOJ Documents on Operation Choke Point

Internal memos and emails show that the controversial probe was not exclusively focused on payday lending. At the same time, Justice officials did not think it was their problem if lawfully operating payday lenders lost their banking relationships as a result of the investigation.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.