Monday, 8 December 2014, NEW YORK, NEW YORK - JPMorgan Chase "the Bank" allegedly has for nearly a decade escaped and bought its way out of criminal charges for egregious "outright fraud" personally observed by Cornell Law School graduate Alayne Fleishmann who has provided a detailed account to regulators and government lawyers for which she would be a willing testifying witness were the Department of Justice nearly as courageous as she enough so to bring well-deserved criminal charges against the Bank for knowingly vastly overstating the value of failing and defaulted mortgages so as to seriously ramp up their stated value in order to fraudulently sell securities with grossly inflated credit ratings neglecting to disclose known risks to Bank customers while all along using its "diligence team" diligently to cover up that the Bank was doing so in a seemingly common criminal fraudulent practice most frequently used even by "highly regarded" investment banks and firms presumably simply because they are able to do so relying on their long past earned "good names" and associated haughty "how dare you question us" attitudes to bamboozle and frequently bankrupt even loyal longtime clients less likely to scrutinize their practices based of the mistaken impression that their reputations are maintained by some higher standard of honesty and decency when that in fact could not be farther from the truth.
If interested readers ever have a few years to spare reading search results try a few internet search engines on particularly Charlotte, North Carolina based Bank of America coupled with terms such as bank, credit card, mortgage and securities fraud, settlement, guilty, no contest, penalty, overcharge, misstate, lie, deceive, racketeering, Department of Justice (DOJ), enforce, civil, criminal, illegal, unlawful, plea, admit, enforcement action, avoid trial, Parmalat bankruptcy, fraudulent and non-existing accounts and branches, self-regulation, Rick Perry, Texas Enterprise Fund (TEF), Greg Abbott, prosecutorial discretion, bribes, donations, contributions expanding searches after the first months of reading getting boring about the same practices with just the names and dates changed to surely discovered related terms and new concepts such as executive compensation, whistleblower treatment, employment practices, employee contributions, customer satisfaction, rates of return, etc.
In any case not to digress unduly from the allegedly criminal Bank at hand JP Morgan Chase as related below has so far escaped criminal charges through the hard work of its "diligence team" of preventing the creation of lasting communications evidence of wrongdoing and diligently preventing duped investors from discovering the truth while later making remarkably well-timed offers including one to DOJ especially just in time to prevent a federal criminal filing by paying a "no admission of guilt" greatly reduced settlement per usual which according to CREDO furthermore was never fully paid and what was paid by the Bank conveniently was permitted to be used as a tax write-off although not so far as the Ninth Amendment knows as a "charitable contribution" perhaps to all those bankrupted by misguided investments based on knowingly bad advice from the Bank.
Through all this either cooperation or collusion with DOJ depending on how one characterizes it so far avoiding the filing of criminal charges of the basis of an apparently fully credible well-credentialed Bank "whistleblower" (a loaded term we especially disfavor and discourage as somehow playing into the theme favored most often by accused wrongdoers it seems with the subtext of describing some kind of traitor rather than a victim of those who would illegally retaliate and cause as much damage as possible given their degree of willingness further to break the law) who apparently has long endured all kinds of available threats and actions to shut her up and gag her for violating a "non-disclosure agreement" which by any stretch of the imagination should never be allowed to use the force of any kind of lawful retaliation for reporting allegedly bad acts that rise to the level of a serious felonious criminal violation.
Through all this either cooperation or collusion with DOJ depending on how one characterizes it so far avoiding the filing of criminal charges of the basis of an apparently fully credible well-credentialed Bank "whistleblower" (a loaded term we especially disfavor and discourage as somehow playing into the theme favored most often by accused wrongdoers it seems with the subtext of describing some kind of traitor rather than a victim of those who would illegally retaliate and cause as much damage as possible given their degree of willingness further to break the law) who apparently has long endured all kinds of available threats and actions to shut her up and gag her for violating a "non-disclosure agreement" which by any stretch of the imagination should never be allowed to use the force of any kind of lawful retaliation for reporting allegedly bad acts that rise to the level of a serious felonious criminal violation.
Finally although the CREDO action call for a petition to U.S. Attorney General immediately to bring criminal charges appears to be well-documented and annotated but for a typo the Ninth Amendment points out that those references provided rely on a recent Rolling Stone magazine article. Although we would dismiss any recent controversy about that magazine's apparently just retracted article concerning a specific incident at the University of Virginia as an isolated incident for a magazine which has come to establish itself as a reputable source of professional journalism we believe the authorities cited by CREDO action most likely appear to be to a website name marred by the error of probably one mistakenly referring to the rock band of nearly the same name rather than to the name of the magazine.
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