J.P. Morgan Chase engaged in blatant mortgage fraud—and we have a whistleblower ready to speak out—but the U.S. Justice Department has yet to take action? Sign the petition by Daily Kos and CREDO—demanding that Eric Holder file criminal charges. The stakes could not be higher. Last week, Congress passed the “must-pass” CRomnibus bill that repealed a key portion of the Dodd-Frank financial reforms. Enough Democrats voted for it, after J.P. Morgan Chase C.E.O. Jamie Dimon himself lobbied members of Congress. Wall Street banks own Congress, but they are not immune to criminal liability. That’s why we need to ramp up the pressure, and urge the U.S. Justice Department to file criminal charges. Sign the petition: Wall Street crooks must pay the price for mortgage fraud. Keep fighting, Paul Hogarth, Daily Kos P.S. Here is some more background information on J.P. Morgan Chases criminal liability. Date: December 09 2014, 2:47 P.M. From: Daily Kos Subject: Sign the petition: Jail the Wall Street crooks now April, sign the petition by Daily Kos and CREDO to the U.S. Justice Department demanding they file criminal charges of mortgage fraud against J.P. Morgan Chase. Federal prosecutors have told the public for years that they lack the clear evidence to bring criminal charges against big banks for mortgage security fraud. But Alayne Fleischmann—a former securities lawyer who worked as a diligence manager for J.P. Morgan Chase—personally witnessed wrongdoing (as reported in a breathtaking account in Rolling Stone Magazine) and even attempted to notify her superiors. For eight years, Fleischmann told her story of fraud to regulators and government lawyers—only to watch the Department of Justice settle with J.P. Morgan Chase out of court with no admission of guilt, and a much lighter penalty that they were able to write off on their taxes. Alayne Fleischmann could face legal, financial, and career repercussions for sharing her story. It’s up to us to make sure it isn’t in vain. Sign the petition by Daily Kos and CREDO to U.S. Attorney General Eric Holder: No more excuses. Time for criminal charges against JPMorgan Chase.
Posted on: Sun, 21 Dec 2014 17:25:58 +0000
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