One of the little reported stories that is a really big deal is the recent
proposed $13 Billion settlement with JP Morgan/Chase. Just as the IRS
targeted those who would interfere with the regime’s forward march, this bank
has felt the long fingers of Eric Holder’s Justice Department. Why should we care?
Because for Obama to achieve his final objectives, he must take over the
banking system.
While complaining and trying to demonstrate the evilness of the banking
system, Obama is complicit in their consolidation.
Here is a prime example. All the stories that I find give rave reviews for the
hit given out by the Justice Department.
After all, didn't they cause the financial meltdown in 2008? But wait, I was
lucky enough to watch Fox News give a very different take on what is going down.
First, let’s see what happened when they dared to criticize Obama.
Yes, they can absorb the fines, but the lesson has been given. Why $13 Billion?
Why not $100 Billion?
Later the interview:
Here’s a list of what the fines and settlements have cost
JPMorgan Chase to date in the fallout of the 2008 financial crisis, not including
the tentative settlement reached with the Justice Department Saturday of $13
billion
Oct. 2013: $100 million.
Sept. 2013: $920 million
Sept. 2013: $389 million
July 2013: $410 million
January 2013 and Feb. 2012: $1.8 billion
November 2012: $296.9 million
August 2012: $1.2 billion
April 2012: $20 million
August 2011: $88.3 million
July 2011: $228 million
June 2011: $153.6 million
April 2011: $56 million
June 2010: $48.6 million
Breakdown of fines over at USA Today. Interview on Fox with Charles Gasparino
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