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GoLeft TV

(3,910 posts) Mon Nov 25, 2013, 03:07 PM Nov 2013

Papantonio: JPMorgan Fraud Settlement Too Lenient

Last week, JP Morgan reached a settlement deal where they agreed to pay $13 billion dollars for mortgage scams that helped cause the housing market crash of 2008. That seems like a huge settlement, but when you dig deeper, you’ll see that JP Morgan is really getting off almost free. Ring of Fire’s Mike Papantonio explains this with George Zornick from The Nation.

More at Ring of Fire.

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Papantonio: JPMorgan Fraud Settlement Too Lenient (Original Post) GoLeft TV Nov 2013 OP

Banksters: They just pay the "cost of doing business" to the government. At what cost? drynberg Nov 2013 #1

drynberg

(1,648 posts)

1. Banksters: They just pay the "cost of doing business" to the government. At what cost?

Reply to GoLeft TV (Original post)

Mon Nov 25, 2013, 09:29 PM

Nov 2013

These very banksters have wrecked millions of lives and not one of them has spent a minute behind bars. What's the incentive for current rip off banksters to be honest? And how cynical does this make millions of Americans? How many have stopped hoping for anything better or honest? I firmly believe that this will bite us badly in the ass of democracy, and who cares?

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