Tuesday, March 19, 2013
Jamie Dimon Told Regulators He Would Not Follow Regulations | FDL News Desk
Jamie Dimon Told Regulators He Would Not Follow Regulations | FDL News Desk:
"Only Wall Street could be so brazen, the confidence that comes from widespread bribery. In no other field could a corporate officer decide to break the law and when questioned by the regulator scream at them about the law being wrong. If you are looking for more evidence that it’s the rich not the law that rules – now you have it. How dare the regulators try to regulate! Don’t they know Dimon is special? Don’t they know that Wall Street is above the law?
"Only Wall Street could be so brazen, the confidence that comes from widespread bribery. In no other field could a corporate officer decide to break the law and when questioned by the regulator scream at them about the law being wrong. If you are looking for more evidence that it’s the rich not the law that rules – now you have it. How dare the regulators try to regulate! Don’t they know Dimon is special? Don’t they know that Wall Street is above the law?
The Senate Committee released a damning report on JP Morgan’s conduct in the London Whale trade and apparent cover up. Of course, there won’t be any real consequences, not only does Wall Street get toshop for its regulators but in the event the regulator actually tries to enforce the law they get to bully them out of their position which the public will only learn about if the Senate has a hearing.
No fines, no jail time, just break the law and never back down and you can get that big bonus. Too Big To Fail and Too Big To Jail."
Monday, March 18, 2013
MI6 and CIA heard Iraq had no active WMD capability ahead of invasion | World news | guardian.co.uk
MI6 and CIA heard Iraq had no active WMD capability ahead of invasion - Guardian
"Tony Blair told parliament before the war that intelligence showed Iraq's nuclear, chemical, and biological weapons programme was "active", "growing" and "up and running".
A special BBC Panorama programme aired on Monday night details how British and US intelligence agencies were informed by top sources months before the invasion that Iraq had no active WMD programme, and that the information was not passed to subsequent inquiries."
"Tony Blair told parliament before the war that intelligence showed Iraq's nuclear, chemical, and biological weapons programme was "active", "growing" and "up and running".
A special BBC Panorama programme aired on Monday night details how British and US intelligence agencies were informed by top sources months before the invasion that Iraq had no active WMD programme, and that the information was not passed to subsequent inquiries."
Sunday, March 17, 2013
JPMorgan bullied bank regulators, documents and testimony show - The Washington Post
JPMorgan bullied bank regulators, documents and testimony show - The Washington Post
When examiners issued recommendations the bank didn’t like, executives yelled and called the federal officials “stupid.”
When examiners issued recommendations the bank didn’t like, executives yelled and called the federal officials “stupid.”
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