Tag Archives: chase bank
JPMorgan Banksters admit “groundbreaking” wrongdoing
JPMorgan Chase has agreed to pay about $800 million to a host of government agencies in Washington and London — and make a groundbreaking admission of wrongdoing — to settle allegations stemming from a multibillion-dollar trading loss. http://dealbook.nytimes.com/2013/09/16/jpmorgan-set-to-pay-fines-for-whale-trading-losses/?emc=eta1 The settlements, expected this week, will help the nation’s biggest bank move beyond last year’s $6 billion […]
JPMorgan banksters to settle in price manipulation scheme
JPMorgan Chase, the Wall Street giant whose reputation in Washington has eroded in a matter of months, is now moving to avert a showdown over accusations that it manipulated energy prices. http://dealbook.nytimes.com/2013/07/17/jpmorgan-in-talks-to-settle-energy-manipulation-case-for-500-million/?hp The nation’s largest bank is seeking to settle with the federal agency that oversees the energy markets. The regulator, the Federal Energy Regulatory […]
Banksters screw mortgage fraud recipients
Mortgage relief recipients are met with “insufficient funds” when trying to cash a long-awaited check from the same banks that foreclosed on them. http://dealbook.nytimes.com/2013/04/17/victims-of-foreclosure-abuses-face-another-woe-bounced-checks/?hp Many struggling homeowners got exactly that this week when they lined up to take their cut of a $3.6 billion settlement with the nation’s largest banks — lenders accused of wrongful […]
Free of misdeeds, Banksters report record profits
JP Morgan has reported record first quarter profits of $6.5bn (£4.2bn). http://www.bbc.co.uk/news/business-22126115 Mortgage lender Wells Fargo also reported record first quarter profits. JP Morgan was boosted by a big drop in spending on litigation, which was $0.3bn in the first quarter of 2013 compared with $2.7bn a year earlier. CEO Dimon said, ” the growth […]
Dirty Babylon 