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xchrom

(108,903 posts)
Wed Feb 12, 2014, 09:31 AM Feb 2014

The Mobsters of Wall Street

http://www.commondreams.org/view/2014/02/12


JPMorgan Chase CEO Jamie Dimon. (Image: Donkey Hotey / Flickr / Creative Commons)

Assume that you ran a business that was found guilty of bribery, forgery, perjury, defrauding homeowners, fleecing investors, swindling consumers, cheating credit card holders, violating U.S. trade laws and bilking American soldiers. Can you even imagine the kind of punishment you'd get?

How about zero? Nada. Nothing. Zilch. No jail time. Not even a fine. Plus, you still get to stay on as boss, you get to keep all the loot you gained from the crime spree, and you even get an $8.5 million pay raise!

Of course, you and I would never get such outrageous, absurd, kid-glove pampering by legal authorities. But, then, we're not the capo of JPMorgan Chase, America's biggest bank and a crime syndicate that apparently is too big to jail.

Jamie Dimon is the slick, vainglorious, silver-haired boss of the JPMorgan house of banksters. This CEO has fostered a culture of thievery during his years as a top executive at JPMorgan, leading to a shameful litany of crime. Yet, federal prosecutors have bowed to the politically connected Wall Streeter, refusing to ruffle his feathers with even a single criminal charge.
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The Mobsters of Wall Street (Original Post) xchrom Feb 2014 OP
You left out laundering drug money. SamKnause Feb 2014 #1
Here's a nice read re Wachovia... Octafish Feb 2014 #18
Thanks Octafish SamKnause Feb 2014 #19
+1 a whole bunch.......nt Enthusiast Feb 2014 #20
Jamie Dimon (net worth $400 million) appears to have immunity from EVERYTHING. democratisphere Feb 2014 #2
Obviously the "net worth" (money-wise) dotymed Feb 2014 #13
And he was nearly treasury sec Boom Sound 416 Feb 2014 #3
He has been called AgingAmerican Feb 2014 #5
I guess that makes Dubya Bush Obama's favorite president. Maybe? Enthusiast Feb 2014 #21
I don't recall AgingAmerican Feb 2014 #23
That's only because Dubya needed a long rest after Enthusiast Feb 2014 #24
Can we add motherfucker to his list of transgressions. lonestarnot Feb 2014 #4
Barely scratches the surface of this parasite's crimes, but the important question is, Egalitarian Thug Feb 2014 #6
This is one of the key reasons I voted "NO" on WillyT's poll. Scuba Feb 2014 #7
k/r marmar Feb 2014 #8
At least Mr. Dimon has been sued. ms.smiler Feb 2014 #9
Not much more than a distraction really. fleabiscuit Feb 2014 #10
No doubt. dotymed Feb 2014 #14
Jamie Dimon "is one of the smartest bankers we've got". -Barack Obama, May 15, 2012 nt Romulox Feb 2014 #11
Evil genius. Dark n Stormy Knight Feb 2014 #15
Sadly, the really successful criminals are generally very intelligent. Just not wired right. bluesbassman Feb 2014 #16
Brother, Can Ya Spare a dime? bkanderson76 Feb 2014 #12
K&R! countryjake Feb 2014 #17
What a swell fella Jimmy must be. Poor former mayor of New Orleans Nagin has just indepat Feb 2014 #22

SamKnause

(13,108 posts)
1. You left out laundering drug money.
Wed Feb 12, 2014, 09:48 AM
Feb 2014

Our corrupt government (all branches) aided and abetted the criminal behavior of Wall Street.

Octafish

(55,745 posts)
18. Here's a nice read re Wachovia...
Wed Feb 12, 2014, 07:06 PM
Feb 2014

From Project CENSORED:

Wachovia Bank Laundered Money for Latin American Drug Cartels

Between 2004 and 2007, Wachovia Bank handled funds totaling $378.4 billion for Mexican currency-exchange houses acting on behalf of drug cartels. The transactions amount to the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in US history. This case is not exceptional; Wachovia is just one of several US and European banks that drug cartels have used to launder money.

Censored News Cluster: From “Bankster Bailout” to “Blessed Unrest”: News We Can Use to Create a US Economy for the 99 Percent

Clarence Walker, “American Banks ‘High’ on Drug Money: How a Whistleblower Blew the Lid off Wachovia-Drug Cartel Money Laundering Scheme,” AlterNet, November 1, 2011, http://www.alternet.org/story/151135/american_banks_’high’_on_drug_money:_how_a_whistleblower_blew_the_lid_off_wachovia-drug_cartel_money_laundering_scheme>.

http://www.mediafreedominternational.org/2012/01/26/wachovia-bank-laundered-money-for-latin-american-drug-cartels/

Now, that's just one bank what got caught. There are many, many other ones, as well...

democratisphere

(17,235 posts)
2. Jamie Dimon (net worth $400 million) appears to have immunity from EVERYTHING.
Wed Feb 12, 2014, 09:52 AM
Feb 2014

Lloyd Blankfein of Goldman Sachs (net worth $450 million) has the same immunity. The Big Banks and the banksters have total control of our economy and are the true rulers of our country and perhaps the world.

dotymed

(5,610 posts)
13. Obviously the "net worth" (money-wise)
Wed Feb 12, 2014, 01:10 PM
Feb 2014

of these two demons is Grossly understated.

If the Dimon scumbag just got a 8.5 million dollar raise....

I bet that $400 million would not even pay for his home.

Just add that to another long list of lies that he tells the IRS.

Enthusiast

(50,983 posts)
24. That's only because Dubya needed a long rest after
Thu Feb 13, 2014, 06:06 AM
Feb 2014

eight years of hard duty as evil villain and destroyer of nations.

 

Egalitarian Thug

(12,448 posts)
6. Barely scratches the surface of this parasite's crimes, but the important question is,
Wed Feb 12, 2014, 10:56 AM
Feb 2014

just how big a scumbag piece of shit, baby murdering bastard do I have to be to get a super-cool 3-D caricature, like that one, of me?
& R

ms.smiler

(551 posts)
9. At least Mr. Dimon has been sued.
Wed Feb 12, 2014, 11:09 AM
Feb 2014

"According to the class action complaint, Mr. Dimon earned in excess of $130 million from 2005 through 2012. The lawsuit is seeking disgorgement of all illicit profits generated as a result of the bank’s unlawful conduct, as well as an order requiring JPMorgan to enact proper internal control procedures to prevent such fraudulent and illegal conduct from occurring in the future."

http://www.forthepeople.com/blog/morgan--morgan-files-class-action-lawsuit-against-ceo-of-jpmorgan-chase

fleabiscuit

(4,542 posts)
10. Not much more than a distraction really.
Wed Feb 12, 2014, 11:54 AM
Feb 2014

We’re doing ourselves a disservice if we don’t include most of congress with his mob.

dotymed

(5,610 posts)
14. No doubt.
Wed Feb 12, 2014, 01:37 PM
Feb 2014

It is amazing (not) that when someone "gets elected" to Congress, if they are not already (at least) millionaires, they become
so within a very short period of time.

When will every American publicly denounce the obvious fact that we are ruled by a set of politicians who illegally
obtain most of their wealth through a much smaller subset of extremely wealthy crooks (TPTB).
Until all Americans Unite and put an end to this accepted slavery, we will continue on our current path of destruction.

This posting, petition signing, etc.. has become just a pressure relief, like masturbation, that TPTB "allow" so
the masses do not stop the total control that we endure and take control of our world.

bluesbassman

(19,374 posts)
16. Sadly, the really successful criminals are generally very intelligent. Just not wired right.
Wed Feb 12, 2014, 04:10 PM
Feb 2014

True story about Dimon (it was printed in an internal corporate newsletter), he was visiting a service center in Florida a few years back and noticed a fax machine sitting on a desk and asked the employee sitting near it what it was. When informed that it was a fax machine he replied "we still use those things?". He was so obsessed with paperless technology that he assumed no one had to still move actual paper around anymore.

indepat

(20,899 posts)
22. What a swell fella Jimmy must be. Poor former mayor of New Orleans Nagin has just
Wed Feb 12, 2014, 07:25 PM
Feb 2014

been convicted on 20 of 21 counts, all seemingly picayune in comparison to what the big boys on Wall Street have orchestrated.

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