JP Morgan, because he can, gets $23 Million for mismanaging a bank with fake assets and losing money hand over foot, while the head of the most profitable bank in the world gets paid $308,000. That means Dimon makes 70 times what a good bank manager makes. The worse you get, the more you get […]

Tags: Dimon, financial dysfunction, ICBC, Jiang Jianqing
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Comment: If there was any doubt in your mind about who thinks they run the government, it was dispelled yesterday when Reuters reported that Jamie Dimon, CEO of JPMorgan Chase warned Obama that if the new investigation team actually does anything, there […]

Tags: bankruptcy, borrower, countrywide, Dimon, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, JPMorgan Chase, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Biggest Fish Face Little Risk of Being Caught EDITOR’S NOTE: There is only one reason why there are not over 1,000 prosecutions that would successfully land the perps in jail — the reason is that the perps are the ones actually in charge. This is […]

Tags: AIG, Angelo Mozilo, BOA, countrywide, Countrywide financial, credit default swaps, Dimon, FULD, Joe Cassano, Lehman, Mozilo
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary We now have a growing group of unlikely bedfellows — investors, homeowners and local governments who were all duped and whose claims are being treated as though each one was unique when in fact the entire plan was a highly organized crime. Add the Federal […]

Tags: appraisal fraud, bailout, bankruptcy, BofA, Chase, debt relief, Dimon, local government, mortgage bonds, municipal bonds, risk, securitization, under water, underwater
Posted in bubble, Corruption, Eviction, securities fraud |

In my opinion, the growing anger at Wall Street is giving Lloyd Blankfein and Jamie Dimon another chance at misdirection. They are using the current popular angst to steer the debate into whether derivatives and synthetic CDOs should be banned. In the end they will win that debate, and they should win it. What they […]

Tags: Blankfein, BOND, co-obligors, creditor, DEBTOR, derivatives, Dimon, disclosure, DVL, Ebbers, Federal reserve, fraud, FTC, insurance, intermediaries, liquidity, mortgages, note, notes, obligations, OCC, OTS, prosecution, QWR, regulation, RESPA, TILA, transparency, Wall Street
Posted in bubble, Corruption, Eviction, securities fraud |