Adam Smith gave the Dreadful Few the economic leverage to manipulate the market and corrupt the economic order of the West and arguably much of the World.
Here’s another proof that these bankers are beyond the laws of the land, or so they thought. Although Alan Greenspan would like to twist his aged claim that the Fed is beyond accountability.
The New York Fed Has Contracted JPMorgan to Hold Over $1.7 Trillion of its QE Bonds Despite Two Felony Counts and Serial Charges of Crimes
By Pam Martens and Russ Martens: November 3, 2014
Continue reading JPMorgan Acts as Fed's $1.7 Trillion QE Custodian Despite its Crimes
America’s second largest lender has reached a $17 billion settlement with US federal authorities over selling bad mortgages, according to sources close to the negotiations.
Continue reading BOA Fined $17B Over Mortgage Fraud; Others Under Investigation Over FX Rigging