What percentage of Chase's profits are represented by the 9 billion?
These guys robbed ALL OF US and paid a comparative slap on the wrist and got to go right back into the very same businesses where they committed their crimes. Hell, the mafioso Dimon got a 27% increase after he and his buddy Holder inked the deal.
They committed criminal fraud and yet NONE of them are convicted criminals. Holder made sure of that. And, as the article states, Holder will stay in office long enough to ensure that none of his criminal buddies on Wall Street ever see the inside of the prisons in which they so richly deserve to spend the rest of their lives.
This is the New Left in America. Founded by Rubin and Clinton and accelerated with the repeal of the Glass Steagall Act. Wall Street criminals have run our federal government since at least the Clinton Administration. Do I think the R's would do any better? No. But that's the point, isn't it? NEITHER party will do anything about it.
Edit: Sorry, my miscue.
Edited by
mmoffitt
Nov. 9, 2014, 09:34:13 AM EST
What percentage of Chase's profits are represented by the 9 billion?
These guys robbed ALL OF US and paid a comparative slap on the wrist and got to go right back into the very same businesses where they committed their crimes. Hell, the mafioso Dimon got a 27% increase after he and his buddy Holder inked the deal.
They committed criminal fraud and yet NONE of them are convicted criminals. Holder made sure of that. And, as the article states, Holder will stay in office long enough to ensure that none of his criminal buddies on Wall Street ever see the inside of the prisons in which they so richly deserve to spend the rest of their lives.
This is the New Left in America. Founded by Rubin and Clinton and accelerated with the repeal of the Glass Steagall Act. Wall Street criminals have run our federal government since at least the Clinton Administration. Do I think the R's would do any better? No. But that's the point, isn't it? NEITHER party will do anything about it.
Edited by
mmoffitt
Nov. 9, 2014, 09:34:49 AM EST
What percentage of Chase's profits are represented by the 9 billion?
These guys robbed ALL OF US and paid a comparative slap on the wrist and got to go right back into the very same businesses where they committed their crimes. Hell, the mafioso Dimon got a 27% increase after he and his buddy Holder inked the deal.
They committed criminal fraud and yet NONE of them are convicted criminals. Holder made sure of that. And, as the article states, Holder will stay in office long enough to ensure that none of his criminal buddies on Wall Street ever see the inside of the prisons in which they so richly deserve to spend the rest of their lives.
This is the New Left in America. Founded by Rubin and Clinton and accelerated with the repeal of the Glass Steagall Act. Wall Street criminals have run our federal government since at least the Clinton Administration. Do I think the R's would do any better? No. But that's the point, isn't it? NEITHER party will do anything about it.
Edit: BTW, reading with comprehension is an important skill. Your post suggests that Taibbi misrepresented the Chase settlement. He didn't. Read your bolded sentence again. He didn't say Chase didn't admit wrong doing. HTH.