“Amazingly, due to the county’s financial strains, Sheriff Mike Hale will formally notify the Alabama Department of Public Safety today that sheriff’s deputies no longer will respond to traffic accidents beginning Saturday.”

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JP Morgan Records Largest Profit Ever, While Community Devastated by Its Predatory Lending Sheds 1,000 Workers

One of the many tragic stories of the Great Recession involves Jefferson County, Alabama. As Matt Taibbi explained in an article in Rolling Stone last year, mega bank JP Morgan Chase used a predatory refinancing deal on sewer bonds to reap billions while the local area was financially devastated.

Now, Jefferson County, still reeling from the effects of JP Morgan’s dirty deals, is moving to place nearly 1,000 public workers on administrative leave without pay, as the state Legislature failed last week to come to the municipality’s aid with any fiscal support. In doing so, the county hopes to save “just over $12 million.”

Check out the rest here…

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4closureFraud.org

h/t Deontos