Jamie Dimon

Corrupt Bank Leaders Call Out for Ethics and Accountability

Update 7/7/2017 2:48 Eastern: Governanceprinciples.com website is down.  It appears that the website lasted as long as the members commitment to ethics and accountability. See:  www.governanceprinciples.org has expired and is pending renewal or deletion. Renew Now Backorder Domain governanceprinciples.org By K.K. MacKinstry/LendingLiesEditor’s Note:  Jamie Dimon of JPMorgan Chase demanding that banks act ethically and with …

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F-Bomb on Display on PBS Piece on Fraud by the Banks

http://www.pbs.org/wgbh/pages/frontline/untouchables/ “To hear some on Wall Street tell it, no one saw the financial crisis coming. As Jamie Dimon, the chairman and CEO of JPMorgan Chase, explained to the Financial Crisis Inquiry Commission, “In mortgage underwriting, somehow we just missed … that home prices don’t go up forever.” Others were less confident. In fact, well …

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Wrong Bailout

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Turning the Tide Toward Borrowers

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Everything Built on Myth Eventually Fails

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Greek Banker Gets 8 Years

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  This former chief of Aspis was convicted of having the unmitigated temerity to forge and fabricate documents. Of course this guy only forged a handful of documents and only created a few documents out of whole cloth. He …

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TBTF Banks Bigger than Ever — How is that possible in a recession?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  The pernicious effect of the banks and the difficulty of regulating them across transnational and state borders has led to a growing nightmare that history will repeat itself sooner than later. This is to rocket science — it …

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Student Loans Are The Next Major Crack in Our Finance

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Disclosure to Student Borrowers: www.nytimes.com/2012/04/08/opinion/sunday/disclosure-to-student-borrowers.html?_r=1&ref=todayspaper Editor’s Comment:  “We have created a world of finance in which it is more lucrative to lose money and get paid by the government, than to make money and contribute to society.  In the Soviet Union …

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COMFORTABLY NUMB

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JAMIE DIMON: WHEN DID HE KNOW THAT JPM WAS STICKING IT TO CUSTOMERS AND MAKING A PROFIT?

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE jpm-makes-2-billion-while-investors-lose-500-million EDITOR’S NOTE: If the press can ask the questions leading right up to the top of the megabanks, why can’t the government? You have to remember that these people practically invented the term “due diligence” and before the securitization scam, it was very challenging to get a …

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JPM Makes $2 BILLION While Investors Lose $500 MILLION

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The investment bank through a myriad of bankruptcy-remote controlled vehicles steps in and says WE ARE THE AGENT FOR THE LENDER AND WE WANT TO FORECLOSE. And then in the suit with investors says WE ARE NOT YOUR AGENT …

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Goldman and JPM Still Playing with Other People's Money

The five biggest U.S. commercial banks in the derivatives market — JPMorgan, Goldman Sachs, Bank of America Corp., Citigroup and Wells Fargo & Co. — account for 97 percent of the notional value of derivatives held in the banking industry [$605 trillion], according to the Office of the Comptroller of the Currency. Goldman Sachs Demands …

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Bully Bonus: $11.7 Billion JPM

“Each year they will launder more money back into the system and back onto the books so it becomes “on balance sheet” but the explanation of where the profits came from will be double-talk. But as long as we let them do it, they will be using the proceeds of purse snatching from the little …

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FCIC Calm Before the Storm: Bankers Still Basking in Their Own Glory

Phil Angelides, the former state treasurer of California who is the commission’s chairman, told Mr. Blankfein “it sounds more like you were selling cars with faulty brakes and then buying insurance on the driver.” Mr. Angelides, who lost the governor’s race in California to Gov. Arnold Schwarzenegger in 2006, pointedly compared some Wall Street chief …

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