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(Reuters)   Apparently feeling that the peasants might be getting a touch uppity, JP Morgan boss Jamie Dimon flew to Washington to meet with AG Holder to tell him to tell his prosecutors need to shut up, take the $11 billion, and stop pestering his company   ( divider line
    More: Obvious, JPMorgan Chase & Co., Jamie Dimon, Dimon flew, energy market, New York Attorney General, United States Department of Justice, WaMu, prosecutors  
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1261 clicks; posted to Business » on 27 Sep 2013 at 1:11 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2013-09-27 11:50:48 AM  
3 votes:
Hmm I wonder how hard it would be for you or I to schedule a last-minute trip to DC and get facetime with the Attorney General of the United States?

Lady Justice may be blind, but she can smell money coming from a mile away
2013-09-27 11:47:18 AM  
3 votes:
Too bad a pair of handcuffs and an orange suit were not awaiting Dimon's arrival in DC.
2013-09-27 01:22:51 PM  
2 votes:
2013-09-27 12:23:22 PM  
2 votes:
Jamie Dimon should be sent to the wall, but if anybody protests against Wall Street, they're just dirty hippies. So, fark y'all and keep whining to yourselves while you're bending over.
2013-09-27 02:41:38 PM  
1 vote:

TheGogmagog: Cinaed: Really, can't we do both?  Can't we take that fat check 'and' prosecute JP Morgan?

I said it yesterday, I'll believe companies are people when I see the death penalty. Seize the assets and sell off the market shares to smaller banks.  We should never have consolidated so many banks.

Isn't that consolidation by another means?  There's one less financial institution.

/not disagreeing, just asking
2013-09-27 02:26:40 PM  
1 vote:

sweet-daddy-2: What's the difference between a beat cop taking $100 to look the other way and Holder taking billions?
They both profit in one form or another while the victims pay the price.
Bribery is bribery, plain and simple.

The beat cop is pocketing the money. Holder would be taking the money for the US government, and wouldn't profit personally. It's the equivalent of a fine, which are regularly levied. In criminal cases civil compromises are regularly obtained in non-person crimes. Civil cases settle for payouts more often than not. Whether to follow through on this particular case is a question up for debate but the general process is a long standing legitimate one.

I agree that this case, and most any investigation from the 2008 crisis and its lead-up, should not end in deals where no wrong-doing is admitted and the most culpable individuals should be prosecuted criminally separately from the corporations.
2013-09-27 01:30:59 PM  
1 vote:
they have done more harm to the economy than a pack of terrorists ever could.
I say lynch them after a fair and very speedy trial.
2013-09-27 01:05:07 PM  
1 vote:
here's an idea -
require them to report all wrong doing
require them to name names
require prison time for the people who committed the crimes
and 12 billion 

of yes
and to admit in writing all of the wrong doing
none of that "admitted no wrong doing"

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