I have never understood this legal loophole whereby a company or individual is permitted to say it does not "admit or deny charges" but then proceeds to hand over to the regulator sums in the tens of millions. I suppose we are to infer that this is a de facto admission of guilt but it seems wrong to allow the guilty party to hide behind such an obviously false curtain of repectability. These guys are crooks, pure and simple, and should be recognized as such.