WILL AMERICAN MIDDLE CLASS BAILOUT JPM’s FAILED SOURED MORTGAGES IN $13 BlLLlON SETTLEMENT?

UPDATE:  Jamie Dimon’s Raise Proves DOJ Strategy is a Joke

By Matt Taibbi January 30, 2014 

jamie-dimon

The biggest news was how brutal an indictment Jamie’s raise was of the Obama/Holder Justice Department, which continues to profoundly misunderstand the mindset of the finance villains they claim to be regulating.

Chase’s responses to Holder’s penalties = First move was to make sure people outside the penthouse boardroom took on all the pain = LAYING OFF 7,500 EMPLOYEES AND FREEZE SALARIES ON THE REST!

DIMON IS THE CRIMINAL NEEDING YEARS TO CONTEMPLATE HIS CRIMES!

JPM = Give Dimon $20 million for EXCELLENT FRAUD AND LOSSES = $20 billion imposed by the state.

      1. Billions in losses in the “London Whale” 
      2. LIBOR SCAM 
      3. MF GLOBAL SCAM
      4. ENERGY PRICE MANIPULATION (ENRON-STYLE) IN CALIFORNIA

People like Holder still don’t understand that the leaders of these rogue firms have no problem blowing up their own companies and/or imperiling the world economy, so long as they continue to personally get paid.

Eric Holder and Barack Obama still haven’t caught on. They decided last year to make a big show of punishing JP Morgan Chase as a symbol of bank corruption, then forgot to punish the actual people who oversaw the bank’s misdeeds. This is a little like trying to rein in a class bully by halving his school’s budget. It doesn’t work. Crimes are committed by people, and justice has to target people, too. Or else the whole thing is a joke, as we found out last week.

http://www.rollingstone.com/politics/blogs/taibblog/jamie-dimons-raise-proves-u-s-regulatory-strategy-is-a-joke-20140130#ixzz2shdJ0jr5

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JPM put aside $23+ Billion to cover these SCAMS – massive fraud and liability.

The CROOKS are watching and worried and hope to compensation investors who lost money on mortgage bonds.  JPM got WaMu for NEXT TO $ZERO to become the World’s largest bank!  Now JPM wants to wiggle out of the bad parts of the DEAL!

JPM also wants a PROMlSE that all FUTURE CRIMINAL PROSECUTION will be FORGlVEN in the bank’s packaging and sale of FRAUDULENT mortgage securities.

“If you buy the bank P&A, you get the whole bank, the bad and the good.”

 — Joseph R. Mason, of Louisiana State University 

JPM also is scheduled to pay $5.1 Billion to FHA for more fraud and JPM wants GOVERNMENT FDlC BAlLOUT IN THAT ONE ALSO!

JPM weasels say JPM, the buyer, is not responsible for FRAUD by WaMu including selling mortgage securities.  

JPM FEAR CARD:  JPM and other crooks says it could stop MEGA-MONSTER BANKS FROM BECOMlNG MONSTER-MONSTER BANKS!

We all know WHlTE-COLLAR CRlMlNALS cannot be prosecuted or asked to sacrifice anything of consequence.

JPM also wants a PROMlSE that all FUTURE CRIMINAL PROSECUTION will be FORGlVEN in the bank’s packaging and sale of FRAUDULENT mortgage securities.  BUT JPM previously agreed to keep all criminal probes out of the settlement.

Now we see JPMs contempt for the law – While the world is telling them they are crooks they refuse even a relatively minor slap on the wrist.  Apparently money does buy everything – ENDING the Wall St Occupation of America is #1 PRlORlTY AMERICA HAS – Get the government back for the people first and then we focus on the rest of the OUR issues. 

MANY say: Mass imprisonment of JPMs managers and federal seizure of all its assets……..followed closely by liquidation of the business and total loss to all JPMs shareholders.

See Wall Street Journal  Oct 30, 2013

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EVEREST AVALANCHE OF EVlDENCE AGAlNST CRlMlNAL JAMlE/JPM + GOLDMAN!

“We are a country that believes in equal justice under the LAW — not special deals for BlG guys.”

— LlZ WARREN

ROUBlNl PREDlCTED THE CRASH OF 2008

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EVEN BANKSTER SYMP’ATHlZERS SAY BANKSTERS MUST BE PU’NlSHED:

Even N0URlEL R0UBlNl Says We Need to JA’lL or Ha’ng Some MULTl-NATl0NAL Bankers (F ers) TO ST0P AN0THER CRASH S00N

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HOW LONG ARE AMERICANS GOlNG TO PUT UP WITH THESE MULTl-NATlONAL CRlMlNALS ROBBlNG THE MlDDLE CLASS?

 
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STEPS USED BY BANKSTERS IN THE SUB-PRIME SCAM

COMPASSIONATE CONSERVATIVE Rs and Ds Calculated and DID EACH OF THESE FRAUDS STEP BY STEP!  CORPORATE FRAUD ON STEROlDS:  CANTOR EVEN DID IT!

IVY LEAGUE INVENTED:  Premeditated Manufactured Insider Trading to FAKE VALUES and HIDE MASSIVE FEES!  SO-CALLED “FINANCIAL ENGINEERING” – REALLY SIMPLY LAYERED FRAUD!

bankster Parasites

a. Make $TRILLIONS of Sure Fail Mortgages using SAME SOURCE OF MORTGAGE LOAN SCAMMERS IN ORANGE COUNTY AND ACROSS THE COUNTRY THAT DID THE S&L SCAMS!

b. Package Sure Fail Mortgages into Sure Fail Derivatives adding MASSIVE Hidden Fees and knowing they will fail.  Project Hyper Inflation out 20 Years and HIDE FEES in the Derivatives to then SKIM off as $30 Million to $100 Million BONUSES!

c. Use Ratings Agency Leverage to force/bribe them to give you Maximum Safe “AAA” ratings on the Sure Fail Derivatives

d. Sell the easy to market “AAA” Sure Fail derivatives junk to unsuspecting brokerage clients all over the world

e. Buy $Billions in AlG Credit Default Swaps Bets that the client owned Sure Fail derivatives would FAIL!

f. Collect the CASINO Winnings from the AIG bets when the mortgages go bad and therefore the derivatives go bad.  Taxpayers PAID THE BETS!

g. The last step is they buy equity in the fraudclosure firms taking homes from homeowners owning the “Sure Fail Mortgages at ROCK BOTTOM PRICES.” Concluding the whole nasty business. Nothing left on the table.

More simply – Make it to fail and then bet it will fail: “Manufactured-Insider-Trading” 100% sure Insider Bet against Clients!

CORPORATE FRAUD:  Goldman has already paid a $HALF BILLION FINE FOR Similar CRIME!  BUT ZERO PRlSON TIME!

Another slap on the wrist for FRAUDSTERS hiding behind the Corporate Vail!!

They STOLE 50 YEARS of ALL AMERICANS’ FUTURES USING THEIR DERIVATIVES SCAMS!

1980’s 11,000 Executive Prosecutions and almost 1,100 Executives put in PRISON!

2008 – 2011  ZERO Prosecuted and ZERO put in Prison!

LETS unravelled this DEN OF CRIMINALS and PUT THEM AWAY SO THEY DO NO MORE HARM! 

BIG BANKS RAN THE ENTIRE SCAM PRESSURING FOR NO DOC LOANS AND THEN PRESSURING THE RATINGS AGENCIES FOR “AAA” ON JUNK AND THEN MISREPRESENTING IT ANS SELLING IT TO UNSUSPECTING VICTIMS!

SURE GREENSCAM PLAYED ALONG WITH THE BANKSTER CROOKS WITH NEAR ZERO% EASY MONEY TO LEVERAGE THEIR ILLEGAL SCAMS! 

NO ONE WENT TO PRlSON BECAUSE THE BANKSTER-SCAMMERS OWN THE PLACE!

GOLDMAN WAS FOUND WITH JOHN PULSON (GUlLTY-I MEAN CULPABLE) AND FORCED TO PAY $55O,OOO,OOO or HALF-A-BILLION FINE.  JPM = PAID $BILLION+ ON MANY CRIMES! 

IT WAS ILLEGAL BUT THEY OWN THE GOVERNMENT AND FORGAVE THEMSELVES!

COLLUSION OF GOP AND MULTI-NATIONAL DEMOCRATS AGAINST AMERICANS AND BANKSTERS’ OWN CLIENTS ALL AROUND THE WORLD!   LONDON PERHAPS EVEN MORE GUILTY!

https://concisepolitics.wordpress.com/2013/12/26/collusion-of-gop-and-multi-national-democrats-against-americans/

 

GOP LIE ON FANNIE AND FREDDIE DEBUNKED

Rothschilds Crime Syndicate constantly protects and deflects from London BANKSTER AND WALL STREET CRIMINALS BY BLAMING American Government FOR THE Rothschilds-BUSH SUB-PRlME FRAUD SCAMS.

DOCUMENTED TRUTH THAT DESTROYS THE GOP LlES:

2OO2:  THE GOP-BUSH OWNERSHIP SOCIETY SCAM – BUSH “Home Ownership Challenge” 5.5 MlLLlON MORE MlNORlTY HOMEOWNER BY 2010

BANKSTERS = ♥ BUSH in 2002 VIDE0 in his OWN WORDS: 

Click here to see video in separate window:  Click for Video

“Fannie and Freddie are committed to increasing loans to low-income families….we will remove the barriers to low-income lending, including reducing down payments…they [Fannie/Freddie] will increase their commitments by $440 BILLION” with NO FINE PRINT! — GW Bush

84% OF SUBPRIME LOANS WERE MADE BY PRIVATE LENDERS IN 2002 while SIMILAR LOANS BY F/F DROPPED 50% AFTER 2001.

BUSH BECAME ANGRY AT FANNIE AND FREDDIE AND PUT PRESSURE ON F/F to DO $44O BlLLlON MORE SUBPRIME SCAM LOANS – BUSH TRIPLED SUBPRIME VOLUME. 

“the institutions [Fannie/Freddie] lagged behind even the private market and must do more.”

 — John C. Weigher, Bush’s Hud Secretary

AS PART OF THE SCAM BUSH ASKED FOR 2005 REGULATIONS ON F/F BUT AFER HOUSE PASSED IT 331 to 90 then while the BILL WAS IN THE SENATE BUSH KILLED IT TELLING GREENSCAM HE WANTED A FREE MARKET SOLUTION AND PUBLICLY OPPOSED THE BILL October 26, 2005 STOPPING ALL PROGRESS ON THE SENATE BILL.

“What did we get from the White House? We got a one-finger salute…(on Fannie and Freddie and Greenscam said the House BILL was worse than no bill at all.)  We missed a golden opportunity that would have avoided a lot of the problems we’re facing now, if we hadn’t had such a firm ideological position at the White House and the Treasury and the Fed.”

 — MIKE OXLEY – After Bush killed the bill was livid

Banksters sold the MASSES TRICK and TRAP LOANS while Bush (2002) was saying on TV, “we can change the fine-print … and I am happy to announce Fannie and Freddie are ready to buy $440 BILLION of these no down payment LOANS!” AND SUB-PRIME BEGAN IN 2002 WITH BUSH!