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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New York Fed Chief Levels Explosive Charge Against Big Banks

New York Fed Chief Levels Explosive Charge Against Big Banks

NY FED HEAD, William Dudley, said some of America’s “too big to fail” financial institutions appear to lack respect for the law, a potentially explosive charge against an industry already roiling from numerous government investigations into alleged wrongdoing.

WILLIAM DUDLEY

67% OF ALL BANK ASSETS ARE CONTROLLED BY 6 BANKS THAT ARE FAR TOO BIG TO MANAGE!

“…evident within some large financial institutions — the apparent lack of respect for law, regulation and the public trust. There is evidence of deep-seated cultural and ethical failures at many large financial institutions. Whether this is due to size and complexity, bad incentives, or some other issues is difficult to judge, but it is another critical problem that needs to be addressed.”

 — William Dudley, NY FED HEAD – suggested regulators stymied by “cultural” issues negatively affecting nation’s biggest banks and as the world’s biggest banks $103+ Billions in settlement fines from alleged lawbreaking in markets ranging from home mortgages to interest rates and currencies.

LIKE FOREIGN DIGNITARIES = BANKERS = IMMUNE FROM PROSECUTION

USA = HIGHEST BLUE-COLLAR INCARCERATION RATE IN THE WORLD!

USA = LOWEST WHITE-COLLAR INCARCERATION RATE IN THE WORLD!

BANKSTERS = BRIBE REGULATORS WITH PROMISES OF BIG LOOT + RIG INTEREST RATES + FRAUD + NANOSECOND AUTOMATED FRONT RUNNING + DERIVATIVES SCAMS + RIG CURRENCY RATES + MASSIVE CARELESS AND INCOMPETENT FRAUD SCAMS + CHEAT AND MISLEAD INVESTORS AND CLIENTS + FRAUDULENT TRICK AND TRAP LOANS + MARKET MANIPULATION WITH SOFTWARE TOOLS + ROBOSIGNING FORGED PAPERS + 

BANKSTERS = BROKE FEDERAL + STATE LAWS DESTROYING THE LIVES OF 10’s of MILLIONS of Americans and 10’s of Millions of People around the World.

DOJ = IGNORES THE BANKSTERS’ MANY CRIMES AND THEY RUN FREE

DOJ = AG Holder told Congress banks are too big to prosecute = BANKSTERS GET AWAY WITH “MURDER”.

Dudley wants “too big to fail,” argument to END and no more rescue from FRAUD FAILURES = ACCOUNTABLE AND PROSECUTABLE FOR FRAUD and related crimes to “encourage the needed cultural shift necessary to restore public trust in the industry… Tough enforcement and high penalties will certainly help focus management’s attention on this issue”

— William Dudley, NY FED HEAD

Source: New York Fed Chief Levels Explosive Charge Against Big Banks by Shahien Nasiripour of Huff Post

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HOLDER SAID IT IS TOO HARD AND TOO DANGEROUS TO PROSECUTE RICH BANKSTERS THAT ARE TOO-BIG-TO-FAIL AND TOO-BIG-TO-PROSECUTE.
 
SO THEN DOWNSIZE THEM LIKE TEDDY ROOSEVELT DID!
 

“The greatCORPORATIONS which we have grown to speak of rather loosely as trusts are the creatures of the State, and the State not only has the right to CONTROL them, but it is duty bound to CONTROL them wherever the need of such CONTROL is shown.”

 — President Theodore ROOSEVELT (R)

“I believe that the officers, and, especially, the directors, of CORPORATIONS should be held personally responsible when any CORPORATION breaks the law. 

 — President Theodore ROOSEVELT (R)