Protester Handcuffed at JPMorgan Chase Shareholder Meeting

Protester handcuffed at JPMorgan Chase shareholder meeting COLUMBUS, Ohio — Shareholders trying to get into JPMorgan Chase & Co.’s annual meeting held Tuesday in this midwestern city were greeted by heavy security and over 400 protesters shouting slogans outside every entrance. At least one person was handcuffed after a group of about 400 protestors marched … Read more

Epic Video | Crossing the Moat at JP Morgan Chase Shareholders Meeting

Moat Crossing “As a person of faith, my God believes you shouldn’t take advantage of people when they are down,” said Dawn Dannenbring of the community group Illinois People’s Action, addressing CEO Jamie Dimon. “Do you believe in the same God I believe in?” Dimon answered: “That’s a hard one to answer.” ~ Over 800 … Read more

And so it begins… NY AG Schneiderman Under Attack for Challenging Banksters

Well, that didn’t take long… From Forbes ~ Is Another Major Mortgage Investigation Really Necessary? Another day, another bank investigation. New York’s Attorney General Eric Schneiderman has launched an investigation into the way Bank of America, Goldman Sachs and Morgan Stanley packaged and sold mortgages to investors. … There are some, like prominent bank analyst … Read more

Blumenthal Calls on Credit Reporting Bureaus to Explain Reports of “V.I.P.” Lists

Blumenthal Calls on Credit Reporting Bureaus to Explain Reports of “V.I.P.” Lists Monday, May 16, 2011 (Washington, DC) – Senator Richard Blumenthal (D-CT) today wrote to the heads of the three major credit reporting bureaus – Equifax Inc., Experian, and TransUnion – to call on them to respond to recent reports that they maintain V.I.P. … Read more

JPMorgan Chase Shareholder’s Meeting | Showdown in Ohio-Crossing the moat

Showdown in Ohio-Crossing the moat Posted by Tracy Van Slyke 5pc on May 17, 2011 Hundreds of people have gathered today to protest JP Morgan Chase shareholder’s meeting as part the Showdown in Ohio.  The crazy thing: the meeting is being held at the JP Morgan Chase McCoy Center is the second largest flat office … Read more

Derivatives are Like Crack to the Banksters | Can’t Bet on Mortgages? Well, Let’s Bet on People’s Deaths

  Death Derivatives Emerge From Longevity Risks Goldman Sachs Group Inc. (GS), Deutsche Bank AG (DBK) and JPMorgan Chase & Co. (JPM), which bundled and sold billions of dollars of mortgage loans, now want to help investors bet on people’s deaths. Pension funds sitting on more than $23 trillion of assets are buying insurance against … Read more

Pot, Meet Kettle | David J. Stern Launches Legal Battle Against Nation’s Biggest Mortgage Servicers

From Housingwire… Foreclosure king no more, David J. Stern is fighting back against former clients whose business once elevated him to one of the richest and most well-known default services lawyers in the country. The fight is taking place largely in state and federal courtrooms via 25 lawsuits where Stern alleges that the biggest names … Read more

Fraudclosure | New York AG Investigates Banks’ Role in Financial Crisis

  New York Investigates Banks’ Role in Financial Crisis The New York attorney general has requested information and documents in recent weeks from three major Wall Street banks about their mortgage securities operations during the credit boom, indicating the existence of a new investigation into practices that contributed to billions in mortgage losses. Officials in … Read more