Financial Reform Newsletter March 28, 2014 Another week, another too-big-to-fail bank pays billions to settle yet more claims for fraudulent and illegal conduct for contributing to the 2008 financial crash. It was announced this week that Bank of America is paying $6.3 billion (and buying back an additional $3.2 billion …
Enough Is Enough: Fraud-ridden Banks Are Not L.A.’s Only Option
Enough Is Enough: Fraud-ridden Banks Are Not L.A.’s Only Option Posted on January 29, 2014 by Ellen Brown “Epic in scale, unprecedented in world history.” That is how William K. Black, professor of law and economics and former bank fraud investigator, describes the frauds in which JPMorgan Chase (JPM) has now been implicated. They involve more …