JP Morgan CEO Jamie Dimon is a despicable ignorant criminal dunce

Jamie Dimon is a despicable ignorant criminal dunce

Four years ago, JPMorgan Chase reached a then-record settlement with the Department of Justice after, among other things, the bank received a copy of a U.S. attorney’s draft complaint documenting its alleged role in underwriting fraudulent securities in the years leading up to the 2008 financial crisis. Following the bank’s $13 billion financial agreement, the draft complaint was never filed. Then the bank paid another settlement to prevent a separate legal case from potentially unearthing it. The contents of the draft complaint have long been a financial-crisis mystery, a Great White Whale of a document. At least until now.

How is a corrupt criminal like Jamie Dimon, not in prison for fraud?

This is a joy to watch. and Public Citizen’s just backed this US Chamber of Commerce rep into a corner on forced arbitration. Here’s what the Chamber of Commerce rep doesn’t (or refuses to) understand: Arbitrators are not required to follow the law.

I handed Kraninger a calculator and asked her to calculate the APR on a payday loan. She couldn’t. And she’s supposed to be the top government official protecting consumers from predatory lending practices?

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