JPMorgan, other US banks, committed fraud

Dear Kitty. Some blog

This video from the USA says about itself:

Documents in JPMorgan settlement reveal how every large bank in U.S. has committed mortgage fraud

29 Nov 2013

Bill Black: Justice Dept.’s failure to understand pervasive schemes of fraud in financial industry obstructs meaningful prosecution of banks.

By Susie Madrak in the USA:

December 01, 2013 09:00 AM

JPMorgan Settlement Docs Show Every Large Bank in U.S. Committed Mortgage Fraud

We know the administration didn’t really pursue criminal charges against any of these banksters. So it’s good to have an experienced regulator like Bill Black explain the whole mess to us:

JAISAL NOOR, TRNN PRODUCER: Welcome to The Real News Network. I’m Jaisal Noor in Baltimore. And welcome to this latest edition of The Black Financial and Fraud Report.

Now joining us is Bill Black. He’s an associate professor of economics and law at the University of Missouri-Kansas City

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