PCS Posted November 8, 2014 Share Posted November 8, 2014 http://www.rollingstone.com/politics/news/the-9-billion-witness-20141106?page=2 Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking By Matt Taibbi | November 6, 2014 She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn't take it anymore. "It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'" Fleischmann is a tall, thin, quick-witted securities lawyer in her late thirties, with long blond hair, pale-blue eyes and an infectious sense of humor that has survived some very tough times. She's had to struggle to find work despite some striking skills and qualifications, a common symptom of a not-so-common condition called being a whistle-blower. Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing. Back in 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as "massive criminal securities fraud" in the bank's mortgage operations. Thanks to a confidentiality agreement, she's kept her mouth shut since then. "My closest family and friends don't know what I've been living with," she says. "Even my brother will only find out for the first time when he sees this interview." *Click Link For More* Link to comment Share on other sites More sharing options...
artmonkforHOF Posted November 8, 2014 Share Posted November 8, 2014 I'm proud it's a good Canadian girl doing this. Those criminals need to go to jail, mandatory minimum sentences don't work for petty crimes or lifetime criminals, but they would do wonders for white collar crime. Most executives wouldn't be able to work again with a conviction & time served so it would serve as a good deterant. You just need to make am example of one to send the message, I say fry this Dimon prick, 5 years in the clink for wire fraud. Link to comment Share on other sites More sharing options...
LD0506 Posted November 8, 2014 Share Posted November 8, 2014 And the moral of the story is that Chase et. al. say F U, we bought all the "justice" we needed and got every pennysworth. tough ****. Look for another major economic scam coming soon to wherever you live. Link to comment Share on other sites More sharing options...
The 12th Commandment Posted November 8, 2014 Share Posted November 8, 2014 Their campaign money is people but their people aren't people, they're just cogs. Link to comment Share on other sites More sharing options...
zoony Posted November 8, 2014 Share Posted November 8, 2014 Alpha humans suck, mostly Link to comment Share on other sites More sharing options...
s0crates Posted November 8, 2014 Share Posted November 8, 2014 Link to comment Share on other sites More sharing options...
PeterMP Posted November 8, 2014 Share Posted November 8, 2014 And people wonder why the Democrats took a beating in the elections. Link to comment Share on other sites More sharing options...
s0crates Posted November 8, 2014 Share Posted November 8, 2014 And people wonder why the Democrats took a beating in the elections. This seems to me like one of those issues where neither party will do the right thing. Link to comment Share on other sites More sharing options...
twa Posted November 8, 2014 Share Posted November 8, 2014 This seems to me like one of those issues where neither party will do the right thing. because they are both parties Link to comment Share on other sites More sharing options...
Springfield Posted November 8, 2014 Share Posted November 8, 2014 I'm glad that everyone involved will be punished to the full extent of the law because of this. Link to comment Share on other sites More sharing options...
Duckus Posted November 8, 2014 Share Posted November 8, 2014 By far the biggest failure of the Obama administration was/is the lack of punishment post-financial collapse. Link to comment Share on other sites More sharing options...
PeterMP Posted November 8, 2014 Share Posted November 8, 2014 This seems to me like one of those issues where neither party will do the right thing. Yeah, but one of the parties have been telling me for the majority of my life the thing that is really important is the Wall Street/the wealthy. With them, you at least get what you expect. If you are a Democrat, and you can't talk about obvious Wall Street corruption and obviously increasing wealth inequality in an intelligent, passionate, and sincere way you should lose elections. Link to comment Share on other sites More sharing options...
HOF44 Posted November 8, 2014 Share Posted November 8, 2014 They just need to put Elizabeth Warren in charge of bringing these crimes to trial and get out of her way. No way that ever happens though. To much money involved to keep it from happening. Link to comment Share on other sites More sharing options...
bearrock Posted November 8, 2014 Share Posted November 8, 2014 By far the biggest failure of the Obama administration was/is the lack of punishment post-financial collapse. Yeah, I supported President Obama for 2008 and 2012, but hard to give him a passing grade when he dropped the ball on perhaps one of the most important issues of our generation. Wall Street's criminal activity under Bush Administration and a slap on the wrist during Obama Administration means both parties are to blame. One might even say that Obama Administration deserves the bigger blame because they actually knew the extent of the corrupt and criminal activity and decided to look the other way. Next time Wall Street comes up with a new version of S&L or subprime mortgage, the blood is on the hands of both parties. Until actual decision makers at the top start going to jail, these activities won't stop. I so badly wish for a viable third party. Link to comment Share on other sites More sharing options...
twa Posted November 8, 2014 Share Posted November 8, 2014 They just need to put Elizabeth Warren in charge of bringing these crimes to trial and get out of her way. No way that ever happens though. To much money involved to keep it from happening. Is there some reason for believing she does more than talk? Link to comment Share on other sites More sharing options...
HOF44 Posted November 8, 2014 Share Posted November 8, 2014 Is there some reason for believing she does more than talk? Nope not even a bit yet. But nobody else will even talk. Link to comment Share on other sites More sharing options...
The Sisko Posted November 8, 2014 Share Posted November 8, 2014 ROFLMAO at all the suckers who mock me for saying the U.S. "justice" system is only there for the wealthy and well connected. Blind justice... Link to comment Share on other sites More sharing options...
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