Monetary Policy 0
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U.S. District Judge Raymond A. Jackson did not impose a fine, which could have reached $4 billion, but ordered Fields to pay $331 million in restitution, which nears the total loss for the Federal Deposit Insurance Corp.
The judge also ordered Fields to forfeit $61.6 million, which is the total of the bad loans tied to him. He also put Fields on five years of probation following prison and ordered him not to work in the banking industry during that time.
Of course, he did not have the instant immunity conveyed by having an office on Wall Street and a home in the Hamptons.