It’s the same old song. JPMorgan Chase & Co. has been caught once again breaking the rules to snatch profits and will only have to pay a small portion of its loot to make it all go away. No criminal prosecutions and no reforms, just a speeding ticket on the bankster highway.
|By: DSWright Monday August 5, 2013 8:30 am|
|By: DSWright Tuesday July 30, 2013 12:51 pm|
Too Big To Fail Megabank JP Morgan Chase is back on the government’s radar. The bank has been under investigation numerous times after taking a bailout during the 2008 financial crisis – most notably for the London Whale trade – and is now under scrutiny for its trading activities in the energy market. The accusation comes ahead of a likely legal settlement between JP Morgan and the Federal Energy Regulatory Commission.
|By: Steve Horn Wednesday November 14, 2012 4:20 pm|
|By: masaccio Sunday September 25, 2011 11:00 am|
All of our financial elites are Oh! So Innocent! Eric Holder and Barack Obama agree.
|By: emptywheel Saturday February 19, 2011 11:50 am|
In news that will not surprise you in the least — but will put you off your breakfast — Countrywide CEO Angelo Mozilo will not be charged.
|By: Scarecrow Tuesday December 21, 2010 12:40 pm|
The FCC allowing AT&T and friends to write the new rules for Internet access recalls what happened when California handed the pen to Enron and friends in writing rules for electricity markets. Deja vu all over again
|By: Peterr Saturday October 16, 2010 9:00 am|
Watching the MOTUs as their financial services universe shakes and shudders around them reminds me of the five stages of death and dying. There’s lots of denial and anger coming out of the MOTUs, and hints of bargaining, but little sign of depression and acceptance. But it’ll come . . .
|By: Peterr Saturday September 4, 2010 4:00 pm|
Texas energy companies stuck it to California a decade ago, and now they’re coming back again to try to derail California’s law on greenhouse gas emissions.
|By: Swopa Friday June 25, 2010 8:00 pm|
Strict constitutionalists or not, you gotta think that for the guys who overturned the popular vote in Bush v. Gore — and have since followed that up by determining that the 1st Amendment right to free speech should be weighted by how much money you have in Citizens United, among other atrocities — the last thing in the world they’d want would be an established legal right of the public to “honest services.”
|By: Peterr Saturday May 15, 2010 9:00 am|
With all the concern about the oil disaster in the Gulf of Mexico, I thought it would be helpful to put the corporate citizenship of BP, Transocean, and Halliburton into perspective. This isn’t the first disaster with corporate sponsorship, after all.