Thursday, January 09, 2014

Coming to an agreement

Pam Martens has been writing about JPMorgan and the Madoff scheme for quite a while. In her latest article she points out that the settlement agreement DOJ made with JP no names are mentioned. When the trustee for Madoff's victims entered a complaint back in 2011, the trustee, Irving Picard, named names – at JPMorgan and at the feeder funds that blindly shoveled billions to Madoff. 

I guess DOJ thinks the violations were committed by robots not people at JP.

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