Excellent Rolling Stone expose of our broken Political Class

…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.”


About steventodd

Both parties are broken by big money...what to do? I'm a dad, husband, son, taxpayer, voter, civil engineer, reporter, blogger, rabble-rouser and honest guy.
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