Little Rock Ok, you remember that we were skeptical when news of the $13 billion record breaking settlement between JP Morgan Chase and the Justice Department was announced until the details became clearer. I just wasn’t sure the leopard could change its spots by buying a new paint job no matter what the price. Now, …
Tag: jp morgan chase
More News of Banking as a Criminal Conspiracy with BofA and Chase
New Orleans There are many small town papers that used to thrive by feeding their readers the daily police reports. These days reading the financial pages is more than an adequate substitute, since every day we seem to get another perp walk in the criminal conspiracy now called modern banking. I know it’s tedious …
How Much Puff versus Pay in Proposed JP Morgan Chase Settlement?
New Orleans My goodness, hysteria has broken out among the financial chattering class with the news of a $13 billion proposed settlement between JP Morgan Chase and the Justice Department and Federal Housing Finance Agency over the bank’s handling of the mortgage crisis. The lead editorial in the Wall Street Journal claimed variously that parts …