The Tarnished Halo

I Am Titanium - David Guetta.

2013-11-13T18:53:00.001-08:00

http://www.youtube.com/v/Bu-V_edhZqg?autohide=1&version=3&autoplay=1&feature=share&attribution_tag=Vh5mIRpHO-QFVZnubjL2mQ&showinfo=1&autohide=1

2013-10-30T18:59:00.002-07:00

2013-10-30T18:52:00.000-07:00

Today I was guided by divine intervention...

Simply astounded with everything I have found, I feel that I have done this before...and then I came home.

Tonight I will mediate, play with my pups and wait for the next message ;)

What a wonderful day, so very blessed....good vs evil? What a fun game, I like puzzles and this one is like the 3d art, but massive and with mazes.

:)

The Truth Will Set You Free

2013-10-29T13:39:00.000-07:00

I sit here in my office with hundreds of documents...and I realize this is how Erin Brokovich must have felt....

when she realized the TRUTH.

So...what is next??

I can't say much, but I'll show the story in pictures of exactly how all of this is going to go down. Ready....Set....

I love this art...but in the instance of this story by pictures this is only a metaphor.

something like this

but truly more like this....

and everything you thought you knew....is now the opposite

So, not going to accept this, I will not cooperate, I will NOT be a VESSEL FOR FRAUD.

there will probably be some of this:

and I will be like this:

and they will be like this:

and in the end...it's gonna be like this

***

and then

she lived a long happy life, in her home....and began a new chapter where real life happened, and family, and good times, and from the day she knew in the mirror...

the opposite of everything was happening, she no longer cared about that world, she reversed the story, she

told them....

Catch You On the FLip Side...

and that is what she did.

She watched one by one crumble.

and then there was more of this

and no more of this

so get ready onlookers, history is about to be made

and I'm taking down names, and yes, that includes ALL OF THEM.

Bridgit Mendler - Hurricane (Official Video)

2013-10-27T10:56:00.001-07:00

Everything will be fine. I'm in the eye of the hurricane. #whistleblower Here comes the sun, here comes the rain...

I'm taking names....

Storm a Brewing

2013-10-25T19:13:00.001-07:00

I grew up in a tornado state in the midwest, and before a tornado was approaching there was a stillness in the air and pressure that could be felt in my bones. The air, the sky...everything turned to the lightest green hue and you could feel the approaching storm, and a sixth sense would kick in, and you knew that you were to take cover, seek shelter....

Flight or Fight is the most primal human reaction.

F.E.A.R. F*CK Everything and Run OR F.E.A.R. Face Everything and Recover

When we feel like we have the least choices...we still have choices.

:)

It's going to be okay in the end, if it isn't okay, then it isn't the end....keep moving.

Foreclosure Vultures. RIP Phyllis Walsh.

2013-10-23T21:52:00.003-07:00

They Were Coming for Her House

Two Days Before Eviction, Phyllis Walsh Killed Herself and Left a Note About the "Foreclosure Vultures"

by ANSEL HERZ

TOOLS

+ Enlarge this Image

PHYLLIS WALSH Her body was found on the lawn of her South Seattle home (seen above).

The last time neighbors saw her alive, 65-year-old Phyllis Walsh was walking her dog, Arnie, as she did nearly every day. But Walsh's life was in turmoil. Her husband, a factory worker named Jerry, died in 2009, and Walsh had struggled to pay the mortgage on the small white bungalow in South Seattle that she was now solely responsible for.

"When he passed, it was very hard on Phyllis," says Joell Rhyner, who lives across the street. "But she was active, trying to go out and do things."

Walsh, who was retired, had been trying to refinance her mortgage so she could keep the home. Still, Walsh had not been able to stave off US Bank, which, according to King County property records, was trying to collect more than $15,000 in past-due payments and had sold her home at auction.

On the evening of Tuesday, July 30, Rhyner saw a police car in front of Walsh's home. Walsh had fired a single pistol shot into her head, killing herself, in the front yard. A note pinned to her shirt mentioned the "foreclosure vultures" were coming.

The note began mundanely:

About the stuff

The foreclosure people will be here on thurs. they may or may not be reasonable. So, any trinkets, mementos, art Whatever should be removed quickly. Any thing too large, heavy, cumbersome or difficult let the foreclosure vultures handle...

Except for a hard decision, the last couple weeks have been filled with wonderful days, each of them perfect. Family, Church, friends, music, Arnie, enjoying the back yard...

Everything is in a terrible muddle, the house got foreclosed While I was in the middle of a refinance (!) jeez Jerry's been gone four long years and I'm not Doing so well. This is too hard to do alone.

The family had to race against the eviction. Walsh's niece Brenda Fasoli, who provided a copy of the note to The Stranger, says she got the news from her mother that evening. "She just said, 'Your aunt's dead. We have to go to the house today and sort things out. The bank is taking the house tomorrow.'

"They sold the house out from underneath her," Fasoli says angrily. Walsh had a huge record collection, "all kinds of Beatles and Rolling Stones." The neighbors came over to help move out the music as well as a piano.

Walsh's death is just one piece of a Seattle-wide epidemic of foreclosures affecting more than 20,000 homeowners long after the housing crisis sent the country into a recession. A combination of state and federal foreclosure laws were written with the spirit of encouraging banks to negotiate with homeowners and let them keep their homes—but those laws are effectively a Swiss cheese of loopholes.

City lawmakers have been considering new options to help people like Walsh before the burden becomes a crisis. But it's not clear the will exists at city hall.

Walsh was born on November 15, 1947. She grew up in the little white house, which was built three years earlier, with her mother, who lived there until she passed.

In 1978, Walsh married Jerry, who was later disabled in a medical operation gone awry. At some point, the two of them were living on retirement and disability payments. He died four years ago following complications from heart surgery, family members say.

Walsh always stood out, with her bright red hair and unconventional fashion sense. All six people interviewed for this article remarked on the same qualities: She was smart, well-read, musical, sweet, and kind. She gave her friend Sandy guitar lessons and brought her neighbor's daughter books from the library. One next-door neighbor calls her "life-affirming."

Being life-affirming, though, doesn't pay the bills. Those close to her say Walsh lived frugally, but it was clear she was struggling. Her neighbors say they'd bring her extra food. Walsh didn't have money to fix her car, so she took the bus everywhere.

Walsh and her husband had purchased the family home in 1992, King County property records show. It appears they took out two mortgages in 2004 and 2006 with US Bank and Countrywide Home Loans, respectively. They fell $15,000 behind on the first loan and defaulted last year (I could not track down records on the second loan). US Bank signed her mortgage over to Bishop, White, Marshall & Weibel, a firm that carries out foreclosures, the records say.

The home was sold off at auction earlier this year. "We offer our sincere condolences to the family," US Bank says in a statement, and adds that for customer confidentiality reasons, it can't respond to questions about whether Walsh was in the midst of refinancing her mortgage.

The real estate agent who purchased and is now selling the home, David Albers, says he thinks about Walsh often. "In my business, we're pretty hardened, and sometimes we forget that this is people's lives we're dealing with," he says. "We are the foreclosure vultures, in a sense... But I don't think the problem lies with us. After the bank auctions it off is where we come in."

"One of the harder parts is that she didn't reach out to any of us and tell us what was going on," Fasoli, her niece, says. "I think that's because she was trying to do something about it, she was trying to refinance. She was trying to work with the bank to find an alternative to foreclosure."

From the papers the family looked through, including Walsh's journal, Fasoli says it looked like the bank "passed her from specialist to specialist," and the last specialist wouldn't return her phone calls or the number wouldn't go through.

People should pay their mortgages, Fasoli says. But, she adds, "small town relationships don't exist anymore, where you can go to your banker and say, 'Listen, I'm sick, or you know, I lost my husband.'"

More than 20,000 Seattle-area homeowners—17.4 percent of all households, according Zillow's data—are underwater on their mortgages, meaning they owe more than the property is worth. The figure rises to 28 percent for the Seattle metro area.

"Seriously—20,000 people are underwater on their mortgages with the possibility of being foreclosed on," says Seattle City Council member Nick Licata. "That's a real problem." People lose their homes, he says, which contributes to homelessness and neighborhood blight.

The city council commissioned a report, released last month, that suggested the city use eminent domain to buy up homeowner debt—also known as "principal reduction"—across the city. This is in the public interest, the report says, because so many of the loans were fraudulent to begin with, and homeowners have not been able to get meaningful relief. Licata says he supports any legal strategy to achieve principal reduction.

Richmond, California, became the first city in the country to approve just such a plan this summer. Last month, a judge tossed out a lawsuit against the eminent-domain strategy by Wells Fargo and Deutsche Bank.

Evictions of homeowners like Walsh are dispatched with quickness and totality. Can policymakers muster the same urgency to protect citizens?

"I honestly believe that the majority of the council is concerned," Licata says. "The question is what they feel comfortable doing about it."

*******************************************************************************

This is the forth story I have heard in two weeks, my heart just breaks I'm simply lost for words as I'm simply overcome with tears and heartache...it is such a lonely place to be and the vultures ....so so many vultures.

#JPMorganChase What's Next? Identity Theft Charges? How are YOU STILL OPERATING?!?!??!?!??!??!

2013-10-21T18:23:00.000-07:00

So I say:

So, am I to understand that #JPMorganChase is using my

identity, my ss# to launder money and or property to Germany?

The FBI AGENT looks down at the floor, then looks me straight in the eye and says,
"Well, sort of."

Just when I think that things can not get any more complicated. JPMORGANCHASE

IS a CRIMINAL ENTERPRISE...and using my identity to commit their egregious actions!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

You could have pushed me over with a feather when he told me this. He Told Me, He Told Me...

and I felt that I had entered a parallel universe, and from that moment nothing was the same, I will never be able to trust a bank again.

never. :(

Gosh #JPMorganChase #Suntrust and "the others"

2013-10-18T11:20:00.002-07:00

2013-10-17T00:37:00.002-07:00

Michelle Hansen of Aurora Colorado. I Just Knew Something is VERY VERY WRONG. I JUST HAD TO FIND IT. BOOM

2013-10-16T11:02:00.000-07:00

Yup...It's is so clear
as I drink my morning coffee.

You know, I knew something
was wrong.

I didn't realize the magnitude of this message. I SURE do NOW.

Boy oh Boy,

tisk tisk tisk.

Judges are Starting to Come Around.

2013-10-14T23:56:00.002-07:00

Wells Fargo lesson: Think twice before signing on bottom line

Posted: Monday, October 14, 2013 11:00 am

Judge Trial Referee Richard M. Rittenband last week gave a justified rebuke to the Wells Fargo Bank for improper actions on its attempted foreclosure of a West Hartford home.

Rittenband stated that the bank’s “conduct in this case is contrary to the various federal laws designed to assist mortgagors harmed economically by the recession.”

The judge also required Wells Fargo to reimburse the homeowner for his legal fees defending the foreclosure.

Recently JPMorgan Chase, another major bank, announced it would discontinue lending to certain categories of business because of possible immoral situations that could occur in pawnbroking and pay-day lending. Both these categories affect our least-prosperous citizens. JPMorgan Chase itself has a long history of moral and legal problems with bank examiners.

When someone approaches one of these major banks for a loan or to open an account, the bank usually asks about the prospective borrower’s history. Obviously the bank would prefer not to lend to someone who has a history of criminality or a poor payment record. Unfortunately, one cannot question the bank’s history, as that is where the money is.

But in the Wells Fargo case, if this is any indication of how the bank treats its customers, one should be careful before signing the bank’s documents and feel free to walk away and find another lender when the bank tells the borrower, “Don’t worry about the documents; we will handle you properly because you are one of our customers.”

It's a Puzzle

2013-10-14T23:03:00.000-07:00

exactly.

LOL #Banksters #JPMorganChaseMortgageProbe

2013-10-10T23:08:00.000-07:00

Okay, this is kindof funny. Ready? OKay.

So, a judge asks a woman, Are you in default?

She says, well your honor...I don't know to be honest with you, there is so much fraud in my files...you see Bank S

transferred the debt to J in year x. Then for 4 years , no one owned it I guess, even though I was paying Bank J for it, but

then Bank J says, yup it's ours, files assignment, but according to the documentation, filed by bank J, they filed

assignment 4 years after I started paying them. The really strange part though is that Bank J is not the lender and the

closing date isn't the loan origination date.

So, am I in default? Or do I really have a surplus of 40 months? Can Bank J tell me Where the Money Went??

It's all very very interesting......

JPMorganChase You Stink

2013-10-10T20:19:00.000-07:00

#SunTrust #JPMorganChase #MET

2013-10-05T18:26:00.000-07:00

Gosh,

Seriously....SunTrust and JPMorgan Chase, it really is a "Cartoon Land World" isn't it?

I don't want to leave out Metropolitan Life do I? Gosh that wouldn't be fair now would it?

I'm smarter then you think, I'm braver than you know, and things are about to get VERY UGLY.

Michelle

PS #WhistleBlower and No, you don't scare me, I couldn't figure it out...but alas now I have. I'm completely of sound mind, and I've got you...HOOK Line and SINKER.

Let it Be Done.

2013-10-02T11:43:00.000-07:00

I WILL NOT BE ANOTHER VICTIM OF YOUR FRAUD. BE PREPARED #Whistleblower and I'm about to get very very noisy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

SEC Charged J.P. Morgan Securities 296.9 Million dollars for Misleading Investors

2013-10-02T11:03:00.003-07:00

J.P. Morgan Securities - SEC charged the firm with misleading investors in offerings of residential mortgage-backed securities. J.P. Morgan Securities agreed to pay $296.9 million to settle the SEC's charges. (11/16/12)

***********************************************************************

Tick Tock

JPMC Charged J.P. Morgan Securities $153.6 Million Dollar Settlement

2013-10-02T11:02:00.002-07:00

J.P. Morgan Securities - SEC charged the firm with misleading investors in a complex mortgage securities transaction just as the housing market was starting to plummet. J.P. Morgan agreed to pay $153.6 million in a settlement that enables harmed investors to receive all of their money back. (6/21/11)

*******************************************************************

Tick tock

Karma

2013-10-01T21:24:00.002-07:00

It's not like me to put something quite like this up...but it is fitting, and it is deserved.

ENJOY

HOLY CRAP

2013-10-01T15:08:00.000-07:00

HOLY CRAP.....

Wait for it.......Wait for it......Wait for it...........................

JPMorgan Chase Discusssing $11 Billion Settlement. DOJ DO NOT TAKE THIS.

2013-09-26T09:31:00.001-07:00

JPMorgan Chase Discussing $11 Billion Settlement To End Crisis-Era Mortgage Probes

Posted: 09/25/2013 6:46 pm EDT

119

423

GET BUSINESS NEWSLETTERS:

FOLLOW:

$11 Billion Settlement, Eric Schneiderman, Fannie Mae, Freddie Mac, J.P. Morgan, JP Morgan Chase, Jamie Dimon, Jpmorgan Chase Fraud, Jpmorgan Chase Legal, Jpmorgan Chase Mortgage,Jpmorgan Chase Settlement, Business News

WASHINGTON -- Federal and state authorities are discussing an $11 billion settlement with JPMorgan Chase that would resolve numerous allegations of mortgage-related improprieties in the years before the financial crisis, according to people familiar with the ongoing negotiations.

The deal, if struck, would settle claims brought by the Federal Housing Finance Agency, the New York attorney general and end at least three separate investigations by U.S. attorneys' offices in New York, California and Pennsylvania. The potential deal would involve a $7 billion cash payment and $4 billion in mortgage modifications for troubled borrowers.

The negotiations are “developing by the hour," one person familiar with the talks said. It’s possible no deal will be struck, or that it could be much more limited and resolve only one or a few of the various probes.

The bulk of the $7 billion cash payment being discussed would go to Fannie Mae and Freddie Mac, the government-backed mortgage giants regulated by FHFA. The agency, led by Edward DeMarco, claims Fannie Mae and Freddie Mac were duped into buying junk mortgage-backed securities issued by JPMorgan and the financial companies it purchased in 2008, Bear Stearns and Washington Mutual.

FHFA filed its lawsuit against JPMorgan and separately sued more than a dozen other leading financial institutions in September 2011. The agency is trying to reclaim billions of dollars in losses sustained by the two mortgage giants, which were rescued by taxpayers at the height of the financial crisis in 2008.

The rest of the funds would be split between shoring up the Federal Housing Administration, which has claims against the bank for allegedly defrauding taxpayers on FHA loans; New York state; the U.S. government; and distressed homeowners, who could apply for mortgage assistance.

FHA, a government agency inside the Department of Housing and Urban Development that insures loans traditionally made to first-time home buyers and others unable to stump up big down payments, is likely to tap the U.S. Treasury for a bailout as a result of depleted reserves caused by soured loans.

JPMorgan has been resisting such a large payment, government officials said. But JPMorgan has an incentive to settle as many government probes as possible by Oct. 11, when the bank reports third-quarter earnings. Already, the bank has cautioned investors that it expects to incur a significant cost due to the various government-driven legal claims it faces.

Equity analysts who cover JPMorgan for investors have said the bank’s legal liability could depress its stock price and future earnings.

The various government entities also have an incentive to strike a mass settlement rather than file separate cases in court that could take years to resolve, particularly if the current settlement involves reduced payments or lowered loan balances for troubled borrowers.

Representatives for the Justice Department, FHFA, JPMorgan, and New York Attorney General Eric Schneiderman declined to comment.

JPMorgan faces a litany of accusations of mortgage-related misdeeds, according to its securities filings.

U.S. attorneys offices in California and Pennsylvania are investigating the bank’s allegedly misleading sales of mortgage-backed securities, according to securities filings and people familiar with the probes. In one case, federal prosecutors told JPMorgan in May that they had “preliminarily concluded” that the bank violated civil securities laws related to mortgage securities it packaged and sold from 2005 to 2007. A federal criminal investigation related to mortgage securities is pending.

Schneiderman last year sued the bank, alleging it misled investors when they purchased securities issued by Bear Stearns. Preet Bharara, the U.S. attorney for the Southern District of New York, has been probing the bank for possibly defrauding taxpayers on FHA loans, securities filings show.

In recent years, federal prosecutors and HUD have struck deals with Bank of America, Citigroup and Deutsche Bank, the German lender, to resolve allegations they defrauded taxpayers on FHA loans.

The current round of talks centered on JPMorgan intensified in recent days after federal prosecutors notified the bank they planned to file a civil lawsuit. The talks are being led by the Obama administration’s Residential Mortgage-Backed Securities Working Group, the formal name for the federal and state agencies with a stake in investigating mortgage securities-related wrongdoing.

The administration has faced criticism, particularly from federal lawmakers, over the apparent lack of cases it has brought against leading financial institutions for alleged wrongdoing committed in the years leading up to the financial crisis.

Defense lawyers that represent big banks have said in recent months that the Justice Department has ramped up its investigations into their clients.

Publisher said, "It's a Go" A LOVE AFFAIR WITH THE BANK

2013-09-24T21:41:00.002-07:00

There is one thing I have learned over the past almost three years...

document...document...and document some more.

In grade school I wanted to be an artist, like my Grandfather. In middle school I wanted to be a Veterinarian and of course the shortest Olympic Volleyball player. In High School, I wanted to become a journalist and an Environmental Law Attorney.

There is a saying, God laughs as we make plans. If anyone would have told me that at thirty five years old, I would be writing a book about a love affair with a bank, I would have laughed. Then I would have said, who cares about a bank? Little did we know that the once "banking should be boring" mentality would all have escaped us come the "economic crisis" of 2008, and the scandals and crimes that followed.

There is something about time, and the more time passes, and the more I learn about the wonder that is JPMorgan Chase, the more I understand that they are criminals. Although, I have met some wonderful people, that I believe have tried to do their best, I believe that once the process began, it turned into a run away train. The lying and the mis-treatment never stopped, and I guess that is their retaliation for publicly protesting them on my property.

The ironic part of all of this is that I hate crowds, I don't like to be in a spot light, public speaking makes my knees shake uncontrollably! I'm just a normal, average gal, who now knows way too much about JPMorganChase, more than I ever wanted to know....
It's fall and instead of planting bulbs for next season I'm transcribing phone conversations...Really?

All I ever wanted was a chance to keep my home, a home that JPMorgan Chase now says, "You are not the owner of that property.." "....you cannot sell what doesn't belong to you..."

So, I will end with this funny story. It's hard to find any sense of normalcy during all of this, and I was talking with a great friend of mine while we were both doing the dishes after dinner about the goings on of a few of friends, so and so just had a baby, so and so just got engaged....and so and so are building their new home...etc. and I'm here what? "Having a Love Affair with JPMorganChase...for almost three years?"

There was the name of the novel, but we would have to take out JPMC, because they would probably sue for using their name, and of course would never give permission to use it, especially with all damning stories of their behavior, and the negligence, and just out right lies...

"A Love Affair With The Bank"

It's like a Chase employee said in the beginning of all of this, "they could have remedied all of this in the first thirty days, they had everything, you saw it, I saw it, but they would just rather continue to lie to you then have to work with you."

It's a shame really.

Games of Stupid. JPMC the Master.

2013-09-24T12:07:00.001-07:00

Seriously...

this is today, and that is all.

This has become so entirely stupid, the only words coming out of my mouth are "what the Fu*$."

smh

JPMorgan Chase: "Incredibly Guilty"

2013-09-23T13:59:00.000-07:00

JPMorgan Chase: "Incredibly Guilty"

Posted: 09/20/2013 7:28 pm

JP Morgan, JP Morgan Change, JP Morgan Chase, JPMorgan Chase, Servicemembers Civil Relief Act, Chase, Politics News

GET POLITICS NEWSLETTERS:

An outside observer might be forgiven for thinking JPMorgan Chase isn't so much a bank as it is a criminal enterprise with a bank attached to it. Even before the London Whale scandal, Chase's documented list of crimes included repeated fraud, perjury, forgery, bribery, and violations of laws against trading with Iran and Syria.

It also shot a man in Reno just to watch him die.

Okay, that last statement isn't true. But the rest of the crimes on that list, and a number of others, are well-documented. And yet, remarkably, not a single senior executive at the bank has been indicted - or, to our knowledge, even been the subject of a criminal investigation.The bank just agreed to pay nearly a billion dollars in fines over the "Whale" case. And the SEC finally ending its practice of allowing criminal banks to "neither admit nor deny wrongdoing" when paying for their misdeeds. Chase admitted its guilt as part of the settlement.

In an even more dramatic break with recent practice, the Justice Department is pursuing criminal prosecutions in this case. But it's not clear that the indictments against two low-level employees will even lead to a trial.

We have written extensively about JPMorgan Chase's crime spree, but we have tried to be scrupulous about avoiding assumptions of guilt or innocence on the part of the bank's senior management. And in all fairness, the bank's leaders may not be involved in any criminal activity. They may simply be incompetent managers, incapable of ending criminal and reckless behavior among the employees for whom they are responsible. In that case the Board should step in and relieve them of a burden they're clearly incapable of carrying.

But fair is fair: At least theoretically, Chase's executives may be trying to run an honest bank. And Tony Soprano may just be running a waste management company. But our outside observer would also be forgiven for concluding that crime is part of Chase's business model.

Sound harsh? A report on JPM's lack of proper risk management controls, appropriately entitled "Out of Control," documented a list of crimes which, as David Dayen noted, "reads like a rap sheet." Dayen helpfully summarized the offenses documented in the report, and you're encouraged to read his list in full. Even this heavily abridged version will have you wondering why the police dispatcher hasn't sent officers to the scene:

"Bank Secrecy Act violations; money laundering for drug cartels; violations of sanction orders against Cuba, Iran, Sudan, and former Liberian strongman Charles Taylor; executing fictitious trades where the customer ... was on both sides of the deal; misrepresentations of CDOs and mortgage-backed securities; violations of the Servicemembers Civil Relief Act; fraudulent sale of unregistered securities; auto-finance deceptions; violations of state and federal ERISA laws; filing of unverified affidavits for credit card debt collections; energy market manipulation that triggered FERC lawsuits; "artificial market making" at Japanese affiliates; shifting trading losses on a currency trade to a customer account; fraudulent sales of derivatives to the city of Milan, Italy; and obstruction of justice (including refusing the release of documents in the Bernie Madoff case)."

"1-Adam 12. There are 487's and other violations in progress at 270 Park Avenue ..."

And the list excerpt above is by no means complete. It leaves out Chase's central role in bribing officials in Jefferson County, Alabama to rig municipal bonds, and overlooks the "Burger King kids" - college-age youngsters hired by the bank to mass-generate foreclosure filings (so named by fellow bank employees because of their propensity for eating take-out fast food while generating the court documents they reportedly falsified).

JPMorgan Chase was one of five banks which agreed to pay billions in fines to settle charges stemming from massive and systematic foreclosure fraud.

Twenty-four states have enacted some version of the "three strikes" rule, which requires a jail sentence for anyone convicted of a third felony. And yet, as this chart shows, JPMorgan Chase has committed a total of four violations on one count alone, "Purposeful or negligent fraud in interstate commerce," which violates section 17(a) of the Securities Act of 1933.

Connecticut's Office of Legal Research clearly summarizes the penalties which individual bankers may face for violating the Securities Act and its companion legislation, the Securities Exchange Act of 1934:

"Corporate directors, officers, and others who violate these laws are subject to criminal penalties, administrative fines, civil penalties, cease and desist orders, injunctions, disgorgement (an equitable remedy to provide restitution to defrauded members of the public), private lawsuits, and orders barring them from acting as officers or directors of public companies."

Pop quiz: How many senior executives at JPMorgan Chase have faced criminal prosecution for the bank's serial crimes? How many have been personally fined, served with cease and desist orders, or been barred from acting as officers and directors of public companies?

You already know the answer: Zero.

Instead, bank executives have been allowed to "settle" these crimes by paying large fines with other people's money - specifically, shareholders who may have been deceived in the bank's latest "London Whale" case. It's almost as if the bank's senior executives lead charmed lives - or have very well-placed friends.

Even as the "Whale" legal crisis was exploding, Chase CEO Jamie Dimon appeared at the Davos financial "summit" sporting FBI cufflinks. Was he trying to tell the world something?

Now the government's issued "Whale" arrest warrants for two relatively low-level Chase bankers. That's encouraging, especially after so many years of inaction - but their choice of targets is not. Both indicted bankers are foreign nationals who may or may not be extradited under current agreements.

Yves Smith has an excellent overview of the state of play in the Whale investigation. The bottom line is this: Of all the targets the government might have pursued, these two bankers are among the hardest to locate and "turn" into witnesses against more highly-placed executives.

And it's far from clear there will be a government appetite for doing that. JPMorgan Chase CEO Jamie Dimon is a major contributor to political campaigns. Senior bankers were Attorney General Eric Holder's primary clients in his lucrative private law career. The same is true for SEC head Mary Jo White.

Good for them for finally taking more aggressive action. But the burden of proof is still on them, and especially Holder, to demonstrate that they will pursue bank crimes aggressively. That means picking cases and targets that can be brought to justice, and finding witnesses who can be persuaded to testify in return for leniency. It's hard to believe that there aren't more cases like that to be found in JPMorgan Chase's rich vein of lawbreaking.

Fairness demands that we say it again: It may very well be that the leadership team at JPMorgan Chase is shocked - shocked! - at all this criminality, and may simply lack the basic managerial skills needed to end it. But we can't help thinking of the line from Mel Brooks' The Producers, when the jury foreman is asked to read the verdict against Zero Mostel and Gene Wilder. "We find the defendants incredibly guilty," intones the foreman.

JPMorgan Chase's crimes cry out for a jury like that.

***************************************************************

This story was from the Huffington Post.

The Tarnished Halo

I Am Titanium - David Guetta.

The Truth Will Set You Free

Bridgit Mendler - Hurricane (Official Video)

Storm a Brewing

Foreclosure Vultures. RIP Phyllis Walsh.

They Were Coming for Her House

Two Days Before Eviction, Phyllis Walsh Killed Herself and Left a Note About the "Foreclosure Vultures"

TOOLS

#JPMorganChase What's Next? Identity Theft Charges? How are YOU STILL OPERATING?!?!??!?!??!??!

So I say:

So, am I to understand that #JPMorganChase is using my

identity, my ss# to launder money and or property to Germany?

The FBI AGENT looks down at the floor, then looks me straight in the eye and says,"Well, sort of."

Gosh #JPMorganChase #Suntrust and "the others"

Michelle Hansen of Aurora Colorado. I Just Knew Something is VERY VERY WRONG. I JUST HAD TO FIND IT. BOOM

Judges are Starting to Come Around.

Wells Fargo lesson: Think twice before signing on bottom line

It's a Puzzle

LOL #Banksters #JPMorganChaseMortgageProbe

Okay, this is kindof funny. Ready? OKay. So, a judge asks a woman, Are you in default? She says, well your honor...I don't know to be honest with you, there is so much fraud in my files...you see Bank S

transferred the debt to J in year x. Then for 4 years , no one owned it I guess, even though I was paying Bank J for it, but

then Bank J says, yup it's ours, files assignment, but according to the documentation, filed by bank J, they filed

assignment 4 years after I started paying them. The really strange part though is that Bank J is not the lender and the

closing date isn't the loan origination date.

So, am I in default? Or do I really have a surplus of 40 months? Can Bank J tell me Where the Money Went??

It's all very very interesting......

JPMorganChase You Stink

#SunTrust #JPMorganChase #MET

Let it Be Done.

SEC Charged J.P. Morgan Securities 296.9 Million dollars for Misleading Investors

JPMC Charged J.P. Morgan Securities $153.6 Million Dollar Settlement

Karma

HOLY CRAP

JPMorgan Chase Discusssing $11 Billion Settlement. DOJ DO NOT TAKE THIS.

JPMorgan Chase Discussing $11 Billion Settlement To End Crisis-Era Mortgage Probes

Publisher said, "It's a Go" A LOVE AFFAIR WITH THE BANK

"A Love Affair With The Bank"

Games of Stupid. JPMC the Master.

JPMorgan Chase: "Incredibly Guilty"

JPMorgan Chase: "Incredibly Guilty"

The FBI AGENT looks down at the floor, then looks me straight in the eye and says,
"Well, sort of."

Okay, this is kindof funny. Ready? OKay.

So, a judge asks a woman, Are you in default?

She says, well your honor...I don't know to be honest with you, there is so much fraud in my files...you see Bank S