Saturday, October 19, 2013

Another one for the “eyes wide shut” home buyers

JPMorgan in tentative $13 billion deal with U.S.

"JPMorgan Chase & Co has reached a tentative £8.03bn deal with the U.S. Justice Department to settle a range of mortgage issues, a source close to the talks said on Saturday". Doesn't Bliar work for this bunch of Banksters? Getting caught seems to be factored into every other deal they make, doesn't it?

Posted by alan @ 08:24 PM (1789 views)
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2 thoughts on “Another one for the “eyes wide shut” home buyers

  • It’s not just Wall Street. The whole of New York is ‘drowning in bribes and corruption’.

    ‘Preet Bharara, representing the U.S. Department of Justice as U.S. Attorney for the Southern District of New York, the district that has failed to rein in the serial crimes by Wall Street’s biggest firms, said that “Public corruption, based on all the evidence, appears rampant. And the ranks of those convicted in office have swelled to absolutely unacceptable levels.” Bharara said that his office has had to prosecute “State Senators as well as State Assemblymen; elected officials as well as party leaders; city council members as well as town mayors.’

    http://www.counterpunch.org/2013/10/18/new-york-is-drowning-in-bribes-and-corruption/

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  • The main news media have little to say about this kind of corruption & fraud. They seem to concentrate on trivia (Kate’s mum snubbed as royal babysitter).

    I see the BBC’s Steph has gone to join JP Morgan. Yet another revolving door.

    Max Kaiser and RT seem to be getting more appreciation than the BBC when it comes to unearthing fraud and corruption.

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