Jamie Dimon Says Government Has Been Unfair To JPMorgan

By: Thursday January 23, 2014 10:28 am

Not soon after JPMorgan settled yet another case involved screwing homeowners, JPMorgan CEO Jamie Dimon decided to publicly lament his “unfair” treatment by the government. Dimon said that “I think a lot of it was unfair, but I’m not going to go into details” about a recent settlement with the Justice Department over a series [...]

JPMorgan To Pay $2 Billion For Role In Madoff Fraud

By: Tuesday January 7, 2014 8:02 am

Nothing says justice like giving people involved in one the biggest ponzi schemes in history a laughably small fine. JPMorgan will pay $2 billion for its criminal role in helping Bernie Madoff defraud charities and private investors of $65 billion. Oddly, it was this particular crime that put JPMorgan in jeopardy of finally facing the [...]

JPMorgan May Face Criminal Action For Madoff Deals

By: Thursday December 12, 2013 11:16 am

JPMorgan has avoided prosecution for committing fraud in the mortgage security markets (that led to the 2008 crash), lying to regulators, defrauding homeowners, and on and on. But now it seems they stole from rich people, and that is unforgivable. Steal from middle class homeowners? Whatever. But steal from rich pensioners with political clout? Out [...]

EXCLUSIVE: Chris Christie’s Lobbying Records

By: Monday December 2, 2013 7:49 am

Documents obtained by Firedoglake under New Jersey’s Open Public Records Act (OPRA) detail New Jersey Governor and popular contender for the Republican Party’s 2016 Presidential nomination Chris Christie’s career as a registered lobbyist. In February 1999 Christie joined his longtime friend and still close political advisor Bill Palatucci as a registered lobbyist in the state [...]

Citi Knew About Madoff Fraud, Tried to Pass Off Exposure in 2008

By: Wednesday February 23, 2011 9:15 am

We have already heard about JPMorgan’s travails with Bernie Madoff’s Ponzi scheme. A recent report identified JPMorgan as complicit in the Madoff scheme, and potentially liable in a civil lawsuit. According to emails and documents, JPMorgan apparently knew something was amiss with Madoff’s performance figures but never reported the crime to the SEC. Some lawsuits [...]

The Madoff Interview: The Banks “Had to Know”

By: Wednesday February 16, 2011 7:59 am

Diana Henriques snagged the first interview with Bernie Madoff since his arrest in late 2008. And while he maintained that his family knew nothing about his Ponzi scheme, he asserted that banks and hedge funds “had to know.” But during a private two-hour interview in a visitor room here on Tuesday, and in earlier e-mail [...]

Rumblings of Bankster Accountability

By: Thursday November 18, 2010 1:46 pm

I don’t disagree with Adam Levitin at all about the foreclosure crisis and the deliberate backing away from any accountability for the banks. Clearly this accountability crisis is at the forefront of not only our financial meltdown and our economic malaise, but a host of other matters including civil liberties in particular. However, without concluding [...]

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