Justice Department Sued Over $13 Billion JPMorgan Pact...
Posted in the Banking Forum
#1 Feb 10, 2014
Read this: With a record $13 billion sticker price, the settlement deal between JPMorgan Chase and the government captured the attention of Wall Street and Washington late last year.
And yet, according to a lawsuit that a nonprofit group filed against the Justice Department on Monday, the crucial details of the deal were for the government’s eyes only. The lawsuit filed by Better Markets, a group critical of Wall Street, challenged the constitutionality of the deal, a landmark settlement stemming from accusations that JPMorgan overstated the quality of mortgage securities it sold before the financial crisis.
The Point: It is about time!!!
#2 Feb 10, 2014
One day, some one will sue Ben Bernanke and Jack Lew for their evil intent to persecute the innocent using agents w/ falsified pretense!!
Don't forget it is America: Law and Order are supposed to rank supreme..No individuals getting the Gold Watches from David Cheever shall be above the Law allegedly!!!
The first order of business: To clean up the Court System!!! Otherwise, the infamous Ruling will repeat itself again and again: Without his Permission, No one can file A Civil Action Case in His Court!! And the Kangaroos are populating and hold court everywhere!!
#3 Feb 10, 2014
Let me highlight the merits of this lawsuit: “The executive branch, through DOJ, acted as investigator, prosecutor, judge, jury, sentencer and collector, without any review or approval of its unilateral and largely secret actions,” Better Markets said in the lawsuit By BEN PROTESS - Dennis Kelleher, head of Better Markets, discussed his group’s lawsuit against the Justice Department in Washington on Monday.
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