UPDATE: Jamie Dimon’s Raise Proves DOJ Strategy is a Joke
By Matt Taibbi January 30, 2014
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.
- Billions in losses in the “London Whale”
- LIBOR SCAM
- MF GLOBAL SCAM
- 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.
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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.
— 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.
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?
Concise Politics -- Your Time should NOT be wasted. 