Tag Archives: JPMorgan
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 […]
Spanish police arrest JPMorgan bankster
Spanish police say they have arrested a former JPMorgan Chase trader wanted for allegedly falsifying bank records to cover up $6 billion in trading losses. http://www.nytimes.com/2013/08/28/business/former-jpmorgan-employee-arrested-in-spain.html?hp&_r=0 A statement said that Javier Martin-Artajo, 49, was arrested Tuesday after he presented himself at a police station in Madrid. U.S. prosecutors earlier this month filed criminal charges against […]
Banksters JPMorgan investigated for bribery
Federal authorities have opened a bribery investigation into whether JPMorgan Chase hired the children of powerful Chinese officials to help the bank win lucrative business. The Foreign Corrupt Practices Act, is a 1977 federal law that bans United States companies from giving “anything of value” to a foreign official to win “an improper advantage” in […]
Banksters JPMorgan faces criminal and civil investigations
JPMorgan Chase disclosed on Wednesday that it faced a criminal and civil investigation into whether it sold shoddy mortgage securities to investors in the run-up to the financial crisis. The civil investigation found JPMorgan flouted federal laws with its sale of subprime mortgage securities from 2005 to 2007. http://dealbook.nytimes.com/2013/08/07/jpmorgan-reveals-it-faces-civil-and-criminal-inquiries/?emc=eta1 The parallel criminal inquiry, according to […]
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 […]
Dirty Babylon 