http://thinkprogress.org/economy/201...ng-settlement/

...New York state officials and the AARP both opposed the settlement on grounds that it was too small, and U.S. District Judge William Pauley seemingly agreed. But he approved the settlement anyway, saying that “despite this court’s misgivings, the government’s decision to settle for less than full damages is entitled to judicial deference.” AARP wanted Morgan Stanley to relinquish the $21.6 million in revenue and also wanted the $4.8 million redistributed to consumers. Pauley rejected that claim; the money will instead go to a U.S. Treasury fund to serve the public interest....
Banksters these days....