…and why it might not be able to hide from this brave heroine, Alayne Fleischmann:
The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare
Summary, as Tweeted @stevenwtodd @rollingstone:
“It was like watching an old lady get mugged on the street. I can’t sit by any longer.”
“…if we don’t start speaking up..(we get) the biggest financial cover-up in history.”
Chase loan pooled and sold: manicurist claiming $117,000 income = 488 days / yr with no overhead.
“It’s theft on a scale that blows the mind.”
SEC, the FBI, the IRS, HUD and others COMBINED “help Chase bury the evidence,” for $9B disguised as $13B.
Chase settlement “carefully crafted to bypass the court system” by the USDOJ.
“Chase was allowed to treat some $7 billion of the settlement as a tax write-off.”
“One could argue Chase actually made money from the deal.”
“The assumption they make is that I won’t blow up my life to do it,” Fleischmann says. “But they’re wrong about that.”