News Blackout: Ongoing Wall Street Crime Spree

[georgephillip]

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"One day before Democrats on the House Financial Services Committee held an historic grilling of the CEOs of the mega banks on Wall Street, the nonprofit watchdog, Better Markets, released an in-depth research report on 'Wall Street’s Six Biggest Bailed-Out Banks: Their RAP Sheets & Their Ongoing Crime Spree....'"

"Wall Street On Parade, after carefully reading and digesting the report, published an article on its contents the next morning, April 10.

"Then we began to hear from our outraged readers, who wanted to know why they weren’t reading about this report at major business media outlets.

"We checked the Wall Street Journal, the New York Times, Financial Times, Bloomberg News, Reuters, CNBC, and CNN.

"We could find no mention of the Better Markets report. (We checked again this morning. There is still a news blackout.)...."

"There are four words in this outstanding report from Better Markets that rendered it unpalatable to corporate business media: 'rap sheets' and 'criminal enterprise.'

"We searched Bloomberg News, the Wall Street Journal and the New York Times back to 2004 to see if at any time they had used the words “rap sheet” to describe the unprecedented serial crime sprees of these Wall Street mega banks.

"They had not."

Since at least 2013 there has been a concerted effort on the part of lawyers and PR firms to convince Americans Wall Street is not a criminal enterprise.

It should come as no surprise to find any evidence to the contrary will be buried by the bipartisan corporate press.

Precisely what crimes are you saying have been committed?

Precisely what crimes are you saying have been committed?

According to my link:
"8.2 Trillion in Bailouts.
351 Legal Actions
Almost $200 Billion in Fines and Settlements"

"To help you decide if these rap sheets are as bad as we suggest, here’s the rap sheet of JPMorgan Chase, the largest bank in the United States, as chronicled by two trial attorneys in the book JPMadoff: The Unholy Alliance between America’s Biggest Bank and America’s Biggest Crook.

“In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008.

“In March 2012, JPMC paid the government $659 million to settle charges that it charged veterans hidden fees in mortgage refinancing transactions.

“In October 2012, JPMC paid $1.2 billion to settle claims that it, along with other banks, conspired to set the price of credit and debit card interchange fees.

“On January 7, 2013, JPMC announced that it had agreed to a settlement with the Office of the Controller of the Currency (‘OCC’) and the Federal Reserve Bank of charges that it had engaged in improper foreclosure practices.

“In September 2013, JPMC agreed to pay $80 million in fines and $309 million in refunds to customers whom the bank billed for credit monitoring services that the bank never provided.

“On November 15, 2013, JPMC announced that it had agreed to pay $4.5 billion to settle claims that it defrauded investors in mortgage-backed securities in the time period between 2005 and 2008."

 

[Soupnazi630]

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"One day before Democrats on the House Financial Services Committee held an historic grilling of the CEOs of the mega banks on Wall Street, the nonprofit watchdog, Better Markets, released an in-depth research report on 'Wall Street’s Six Biggest Bailed-Out Banks: Their RAP Sheets & Their Ongoing Crime Spree....'"

"Wall Street On Parade, after carefully reading and digesting the report, published an article on its contents the next morning, April 10.

"Then we began to hear from our outraged readers, who wanted to know why they weren’t reading about this report at major business media outlets.

"We checked the Wall Street Journal, the New York Times, Financial Times, Bloomberg News, Reuters, CNBC, and CNN.

"We could find no mention of the Better Markets report. (We checked again this morning. There is still a news blackout.)...."

"There are four words in this outstanding report from Better Markets that rendered it unpalatable to corporate business media: 'rap sheets' and 'criminal enterprise.'

"We searched Bloomberg News, the Wall Street Journal and the New York Times back to 2004 to see if at any time they had used the words “rap sheet” to describe the unprecedented serial crime sprees of these Wall Street mega banks.

"They had not."

Since at least 2013 there has been a concerted effort on the part of lawyers and PR firms to convince Americans Wall Street is not a criminal enterprise.

It should come as no surprise to find any evidence to the contrary will be buried by the bipartisan corporate press.

Precisely what crimes are you saying have been committed?

Precisely what crimes are you saying have been committed?

According to my link:
"8.2 Trillion in Bailouts.
351 Legal Actions
Almost $200 Billion in Fines and Settlements"

"To help you decide if these rap sheets are as bad as we suggest, here’s the rap sheet of JPMorgan Chase, the largest bank in the United States, as chronicled by two trial attorneys in the book JPMadoff: The Unholy Alliance between America’s Biggest Bank and America’s Biggest Crook.

“In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008.

“In March 2012, JPMC paid the government $659 million to settle charges that it charged veterans hidden fees in mortgage refinancing transactions.

“In October 2012, JPMC paid $1.2 billion to settle claims that it, along with other banks, conspired to set the price of credit and debit card interchange fees.

“On January 7, 2013, JPMC announced that it had agreed to a settlement with the Office of the Controller of the Currency (‘OCC’) and the Federal Reserve Bank of charges that it had engaged in improper foreclosure practices.

“In September 2013, JPMC agreed to pay $80 million in fines and $309 million in refunds to customers whom the bank billed for credit monitoring services that the bank never provided.

“On November 15, 2013, JPMC announced that it had agreed to pay $4.5 billion to settle claims that it defrauded investors in mortgage-backed securities in the time period between 2005 and 2008."

So where are the crimes?

Settling claims is not a crime

 

[georgephillip]

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"One day before Democrats on the House Financial Services Committee held an historic grilling of the CEOs of the mega banks on Wall Street, the nonprofit watchdog, Better Markets, released an in-depth research report on 'Wall Street’s Six Biggest Bailed-Out Banks: Their RAP Sheets & Their Ongoing Crime Spree....'"

"Wall Street On Parade, after carefully reading and digesting the report, published an article on its contents the next morning, April 10.

"Then we began to hear from our outraged readers, who wanted to know why they weren’t reading about this report at major business media outlets.

"We checked the Wall Street Journal, the New York Times, Financial Times, Bloomberg News, Reuters, CNBC, and CNN.

"We could find no mention of the Better Markets report. (We checked again this morning. There is still a news blackout.)...."

"There are four words in this outstanding report from Better Markets that rendered it unpalatable to corporate business media: 'rap sheets' and 'criminal enterprise.'

"We searched Bloomberg News, the Wall Street Journal and the New York Times back to 2004 to see if at any time they had used the words “rap sheet” to describe the unprecedented serial crime sprees of these Wall Street mega banks.

"They had not."

Since at least 2013 there has been a concerted effort on the part of lawyers and PR firms to convince Americans Wall Street is not a criminal enterprise.

It should come as no surprise to find any evidence to the contrary will be buried by the bipartisan corporate press.

Precisely what crimes are you saying have been committed?

Precisely what crimes are you saying have been committed?

According to my link:
"8.2 Trillion in Bailouts.
351 Legal Actions
Almost $200 Billion in Fines and Settlements"

"To help you decide if these rap sheets are as bad as we suggest, here’s the rap sheet of JPMorgan Chase, the largest bank in the United States, as chronicled by two trial attorneys in the book JPMadoff: The Unholy Alliance between America’s Biggest Bank and America’s Biggest Crook.

“In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008.

“In March 2012, JPMC paid the government $659 million to settle charges that it charged veterans hidden fees in mortgage refinancing transactions.

“In October 2012, JPMC paid $1.2 billion to settle claims that it, along with other banks, conspired to set the price of credit and debit card interchange fees.

“On January 7, 2013, JPMC announced that it had agreed to a settlement with the Office of the Controller of the Currency (‘OCC’) and the Federal Reserve Bank of charges that it had engaged in improper foreclosure practices.

“In September 2013, JPMC agreed to pay $80 million in fines and $309 million in refunds to customers whom the bank billed for credit monitoring services that the bank never provided.

“On November 15, 2013, JPMC announced that it had agreed to pay $4.5 billion to settle claims that it defrauded investors in mortgage-backed securities in the time period between 2005 and 2008."

So where are the crimes?

Settling claims is not a crime

So where are the crimes?

Settling claims is not a crime

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

“On November 19, 2013, JPMC agreed to pay $13 billion [that’s billion with a ‘b’] to settle claims by the Department of Justice; the FDIC; the Federal Housing Finance Agency; the states of California, Delaware, Illinois, Massachusetts, and New York; and consumers relating to fraudulent practices with respect to mortgage-backed securities."

Can you spot any crimes here^^^, Sherlock?
Why do you suppose JPMC agreed to pay $13 billion to settle claims if there was no underlying crimes of fraudulent practices?

 

[SassyIrishLass]

The markets have been very very good to me.

 

[georgephillip]

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"One day before Democrats on the House Financial Services Committee held an historic grilling of the CEOs of the mega banks on Wall Street, the nonprofit watchdog, Better Markets, released an in-depth research report on 'Wall Street’s Six Biggest Bailed-Out Banks: Their RAP Sheets & Their Ongoing Crime Spree....'"

"Wall Street On Parade, after carefully reading and digesting the report, published an article on its contents the next morning, April 10.

"Then we began to hear from our outraged readers, who wanted to know why they weren’t reading about this report at major business media outlets.

"We checked the Wall Street Journal, the New York Times, Financial Times, Bloomberg News, Reuters, CNBC, and CNN.

"We could find no mention of the Better Markets report. (We checked again this morning. There is still a news blackout.)...."

"There are four words in this outstanding report from Better Markets that rendered it unpalatable to corporate business media: 'rap sheets' and 'criminal enterprise.'

"We searched Bloomberg News, the Wall Street Journal and the New York Times back to 2004 to see if at any time they had used the words “rap sheet” to describe the unprecedented serial crime sprees of these Wall Street mega banks.

"They had not."

Since at least 2013 there has been a concerted effort on the part of lawyers and PR firms to convince Americans Wall Street is not a criminal enterprise.

It should come as no surprise to find any evidence to the contrary will be buried by the bipartisan corporate press.

Here’s Why Wall Street Bank CEOs Started to Sweat Yesterday about Today’s House Hearing

Morons with power were asking them moronic questions.

“At least $29 trillion was lent, spent, pledged, committed, loaned, guaranteed, and otherwise used or made available to bailout the financial system during the 2008 financial crash.

It was paid back, in full, at a huge profit to the US Treasury.

The American people were told that this unprecedented rescue was necessary because, if the gigantic financial institutions, mostly on Wall Street, failed and went bankrupt (like every other unsuccessful private business in America), then they would take down the entire financial system

True story. They didn't want to repeat the mistakes that led to the Great Depression.

The American people were told that this unprecedented rescue was necessary because, if the gigantic financial institutions, mostly on Wall Street, failed and went bankrupt (like every other unsuccessful private business in America), then they would take down the entire financial system

True story. They didn't want to repeat the mistakes that led to the Great Depression.

Luckily, by 2008 Americans were protected from the greed and rampant criminality of capitalism by socialist programs like Social Security and Unemployment Insurance.

 

[georgephillip]

That's only five banks...Wells Fargo was forced to take a bailout.

Anyway, all of those banks donate to your favorite moonbat politicians, so of course they're going to keep their jiggery-pokery on the down-low.

The Big Question in my mind is why both wings of the corporate media are choosing to ignore the ongoing crime spree on Wall Street:

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"'[Six Wall Street mega banks] have engaged in—and continue to engage in—a crime spree that spans the violation of almost every law and rule imaginable. Taking the breadth and depth of their illegal conduct as a whole, the six biggest banks in the country look like criminal enterprises with RAP sheets that would make most career criminals green with envy. That was the case not just before the 2008 crash, but also during and after the crash and their lifesaving bailouts…In fact, the number of cases against the banks has actually increased relative to the pre-crash era.'"

Don't forget, profit is theft, eh comrade?

Is that why you don't own any stock?

s that why you don't own any stock?

True or False?

"One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is, profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything."

Home - The Ponzi Factor

 

[georgephillip]

The markets have been very very good to me.

How many years have you been in the market?

Home - The Ponzi Factor

"The legitimacy of the stock market rests on two fundamental assumptions.

"One is the idea that stocks are 'equity' instruments that represent ownership.

"The other is the perception that stocks are 'positive-sum' investment instruments, and investors win more than they lose.

"However, these assumptions have never been properly investigated, and it can be shown that neither are true."

 

[SassyIrishLass]

The markets have been very very good to me.

How many years have you been in the market?

Home - The Ponzi Factor

"The legitimacy of the stock market rests on two fundamental assumptions.

"One is the idea that stocks are 'equity' instruments that represent ownership.

"The other is the perception that stocks are 'positive-sum' investment instruments, and investors win more than they lose.

"However, these assumptions have never been properly investigated, and it can be shown that neither are true."

Since my grandfather taught me how to play the game...nearly 20 years.

56 days ago I invested in a holding...today I am up $41,126 on it. God bless oil pipelines!!!

Don't whine about it George, learn to play the game and make money. You can't stop it.

 

[Toddsterpatriot]

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"One day before Democrats on the House Financial Services Committee held an historic grilling of the CEOs of the mega banks on Wall Street, the nonprofit watchdog, Better Markets, released an in-depth research report on 'Wall Street’s Six Biggest Bailed-Out Banks: Their RAP Sheets & Their Ongoing Crime Spree....'"

"Wall Street On Parade, after carefully reading and digesting the report, published an article on its contents the next morning, April 10.

"Then we began to hear from our outraged readers, who wanted to know why they weren’t reading about this report at major business media outlets.

"We checked the Wall Street Journal, the New York Times, Financial Times, Bloomberg News, Reuters, CNBC, and CNN.

"We could find no mention of the Better Markets report. (We checked again this morning. There is still a news blackout.)...."

"There are four words in this outstanding report from Better Markets that rendered it unpalatable to corporate business media: 'rap sheets' and 'criminal enterprise.'

"We searched Bloomberg News, the Wall Street Journal and the New York Times back to 2004 to see if at any time they had used the words “rap sheet” to describe the unprecedented serial crime sprees of these Wall Street mega banks.

"They had not."

Since at least 2013 there has been a concerted effort on the part of lawyers and PR firms to convince Americans Wall Street is not a criminal enterprise.

It should come as no surprise to find any evidence to the contrary will be buried by the bipartisan corporate press.

Precisely what crimes are you saying have been committed?

Any time anyone has made a profit in any way, that's a crime. George will tell you...…...

Any time anyone has made a profit in any way, that's a crime. George will tell you...…...

Any profits made by denying needed medical care should be crimes, right?

Will you pay for my needed medical care?

 

[Toddsterpatriot]

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"One day before Democrats on the House Financial Services Committee held an historic grilling of the CEOs of the mega banks on Wall Street, the nonprofit watchdog, Better Markets, released an in-depth research report on 'Wall Street’s Six Biggest Bailed-Out Banks: Their RAP Sheets & Their Ongoing Crime Spree....'"

"Wall Street On Parade, after carefully reading and digesting the report, published an article on its contents the next morning, April 10.

"Then we began to hear from our outraged readers, who wanted to know why they weren’t reading about this report at major business media outlets.

"We checked the Wall Street Journal, the New York Times, Financial Times, Bloomberg News, Reuters, CNBC, and CNN.

"We could find no mention of the Better Markets report. (We checked again this morning. There is still a news blackout.)...."

"There are four words in this outstanding report from Better Markets that rendered it unpalatable to corporate business media: 'rap sheets' and 'criminal enterprise.'

"We searched Bloomberg News, the Wall Street Journal and the New York Times back to 2004 to see if at any time they had used the words “rap sheet” to describe the unprecedented serial crime sprees of these Wall Street mega banks.

"They had not."

Since at least 2013 there has been a concerted effort on the part of lawyers and PR firms to convince Americans Wall Street is not a criminal enterprise.

It should come as no surprise to find any evidence to the contrary will be buried by the bipartisan corporate press.

Here’s Why Wall Street Bank CEOs Started to Sweat Yesterday about Today’s House Hearing

Morons with power were asking them moronic questions.

“At least $29 trillion was lent, spent, pledged, committed, loaned, guaranteed, and otherwise used or made available to bailout the financial system during the 2008 financial crash.

It was paid back, in full, at a huge profit to the US Treasury.

The American people were told that this unprecedented rescue was necessary because, if the gigantic financial institutions, mostly on Wall Street, failed and went bankrupt (like every other unsuccessful private business in America), then they would take down the entire financial system

True story. They didn't want to repeat the mistakes that led to the Great Depression.

The American people were told that this unprecedented rescue was necessary because, if the gigantic financial institutions, mostly on Wall Street, failed and went bankrupt (like every other unsuccessful private business in America), then they would take down the entire financial system

True story. They didn't want to repeat the mistakes that led to the Great Depression.

Luckily, by 2008 Americans were protected from the greed and rampant criminality of capitalism by socialist programs like Social Security and Unemployment Insurance.

by 2008 Americans were protected from the greed and rampant criminality of capitalism

Excellent! So why are you whining about Wall Street crimes?

And what does that have to do with the Fed in 2008-2014 not repeating the mistakes of the Fed in the 1920s and 1930s?

 

[Toddsterpatriot]

That's only five banks...Wells Fargo was forced to take a bailout.

Anyway, all of those banks donate to your favorite moonbat politicians, so of course they're going to keep their jiggery-pokery on the down-low.

The Big Question in my mind is why both wings of the corporate media are choosing to ignore the ongoing crime spree on Wall Street:

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"'[Six Wall Street mega banks] have engaged in—and continue to engage in—a crime spree that spans the violation of almost every law and rule imaginable. Taking the breadth and depth of their illegal conduct as a whole, the six biggest banks in the country look like criminal enterprises with RAP sheets that would make most career criminals green with envy. That was the case not just before the 2008 crash, but also during and after the crash and their lifesaving bailouts…In fact, the number of cases against the banks has actually increased relative to the pre-crash era.'"

Don't forget, profit is theft, eh comrade?

Is that why you don't own any stock?

s that why you don't own any stock?

True or False?

"One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is, profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything."

Home - The Ponzi Factor

and when companies make money, they keep everything."

Many (most) of the stocks I own pay me a nice dividend.
Some stocks I own are bought back by the company.
In both cases, I'm getting money from the company.

But thanks for the laugh.

 

[Soupnazi630]

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"One day before Democrats on the House Financial Services Committee held an historic grilling of the CEOs of the mega banks on Wall Street, the nonprofit watchdog, Better Markets, released an in-depth research report on 'Wall Street’s Six Biggest Bailed-Out Banks: Their RAP Sheets & Their Ongoing Crime Spree....'"

"Wall Street On Parade, after carefully reading and digesting the report, published an article on its contents the next morning, April 10.

"Then we began to hear from our outraged readers, who wanted to know why they weren’t reading about this report at major business media outlets.

"We checked the Wall Street Journal, the New York Times, Financial Times, Bloomberg News, Reuters, CNBC, and CNN.

"We could find no mention of the Better Markets report. (We checked again this morning. There is still a news blackout.)...."

"There are four words in this outstanding report from Better Markets that rendered it unpalatable to corporate business media: 'rap sheets' and 'criminal enterprise.'

"We searched Bloomberg News, the Wall Street Journal and the New York Times back to 2004 to see if at any time they had used the words “rap sheet” to describe the unprecedented serial crime sprees of these Wall Street mega banks.

"They had not."

Since at least 2013 there has been a concerted effort on the part of lawyers and PR firms to convince Americans Wall Street is not a criminal enterprise.

It should come as no surprise to find any evidence to the contrary will be buried by the bipartisan corporate press.

Precisely what crimes are you saying have been committed?

Precisely what crimes are you saying have been committed?

According to my link:
"8.2 Trillion in Bailouts.
351 Legal Actions
Almost $200 Billion in Fines and Settlements"

"To help you decide if these rap sheets are as bad as we suggest, here’s the rap sheet of JPMorgan Chase, the largest bank in the United States, as chronicled by two trial attorneys in the book JPMadoff: The Unholy Alliance between America’s Biggest Bank and America’s Biggest Crook.

“In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008.

“In March 2012, JPMC paid the government $659 million to settle charges that it charged veterans hidden fees in mortgage refinancing transactions.

“In October 2012, JPMC paid $1.2 billion to settle claims that it, along with other banks, conspired to set the price of credit and debit card interchange fees.

“On January 7, 2013, JPMC announced that it had agreed to a settlement with the Office of the Controller of the Currency (‘OCC’) and the Federal Reserve Bank of charges that it had engaged in improper foreclosure practices.

“In September 2013, JPMC agreed to pay $80 million in fines and $309 million in refunds to customers whom the bank billed for credit monitoring services that the bank never provided.

“On November 15, 2013, JPMC announced that it had agreed to pay $4.5 billion to settle claims that it defrauded investors in mortgage-backed securities in the time period between 2005 and 2008."

So where are the crimes?

Settling claims is not a crime

So where are the crimes?

Settling claims is not a crime

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

“On November 19, 2013, JPMC agreed to pay $13 billion [that’s billion with a ‘b’] to settle claims by the Department of Justice; the FDIC; the Federal Housing Finance Agency; the states of California, Delaware, Illinois, Massachusetts, and New York; and consumers relating to fraudulent practices with respect to mortgage-backed securities."

Can you spot any crimes here^^^, Sherlock?
Why do you suppose JPMC agreed to pay $13 billion to settle claims if there was no underlying crimes of fraudulent practices?

Learn what settling a claim means you dumbass.

It does not indicate a crime.

You cannot name a crime and your op is proven bullshit

 

[georgephillip]

The Big Question in my mind is why both wings of the corporate media are choosing to ignore the ongoing crime spree on Wall Street:

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"'[Six Wall Street mega banks] have engaged in—and continue to engage in—a crime spree that spans the violation of almost every law and rule imaginable. Taking the breadth and depth of their illegal conduct as a whole, the six biggest banks in the country look like criminal enterprises with RAP sheets that would make most career criminals green with envy. That was the case not just before the 2008 crash, but also during and after the crash and their lifesaving bailouts…In fact, the number of cases against the banks has actually increased relative to the pre-crash era.'"

Don't forget, profit is theft, eh comrade?

Is that why you don't own any stock?

s that why you don't own any stock?

True or False?

"One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is, profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything."

Home - The Ponzi Factor

and when companies make money, they keep everything."

Many (most) of the stocks I own pay me a nice dividend.
Some stocks I own are bought back by the company.
In both cases, I'm getting money from the company.

But thanks for the laugh.

Many (most) of the stocks I own pay me a nice dividend.
Some stocks I own are bought back by the company.
In both cases, I'm getting money from the company.

But thanks for the laugh.

How does you stock income from dividends compare to capital gains?

https://www.quora.com/How-true-is-the-statement-that-the-stock-market-is-essentially-a-Ponzi-scheme

 

[georgephillip]

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"One day before Democrats on the House Financial Services Committee held an historic grilling of the CEOs of the mega banks on Wall Street, the nonprofit watchdog, Better Markets, released an in-depth research report on 'Wall Street’s Six Biggest Bailed-Out Banks: Their RAP Sheets & Their Ongoing Crime Spree....'"

"Wall Street On Parade, after carefully reading and digesting the report, published an article on its contents the next morning, April 10.

"Then we began to hear from our outraged readers, who wanted to know why they weren’t reading about this report at major business media outlets.

"We checked the Wall Street Journal, the New York Times, Financial Times, Bloomberg News, Reuters, CNBC, and CNN.

"We could find no mention of the Better Markets report. (We checked again this morning. There is still a news blackout.)...."

"There are four words in this outstanding report from Better Markets that rendered it unpalatable to corporate business media: 'rap sheets' and 'criminal enterprise.'

"We searched Bloomberg News, the Wall Street Journal and the New York Times back to 2004 to see if at any time they had used the words “rap sheet” to describe the unprecedented serial crime sprees of these Wall Street mega banks.

"They had not."

Since at least 2013 there has been a concerted effort on the part of lawyers and PR firms to convince Americans Wall Street is not a criminal enterprise.

It should come as no surprise to find any evidence to the contrary will be buried by the bipartisan corporate press.

Precisely what crimes are you saying have been committed?

Precisely what crimes are you saying have been committed?

According to my link:
"8.2 Trillion in Bailouts.
351 Legal Actions
Almost $200 Billion in Fines and Settlements"

"To help you decide if these rap sheets are as bad as we suggest, here’s the rap sheet of JPMorgan Chase, the largest bank in the United States, as chronicled by two trial attorneys in the book JPMadoff: The Unholy Alliance between America’s Biggest Bank and America’s Biggest Crook.

“In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008.

“In March 2012, JPMC paid the government $659 million to settle charges that it charged veterans hidden fees in mortgage refinancing transactions.

“In October 2012, JPMC paid $1.2 billion to settle claims that it, along with other banks, conspired to set the price of credit and debit card interchange fees.

“On January 7, 2013, JPMC announced that it had agreed to a settlement with the Office of the Controller of the Currency (‘OCC’) and the Federal Reserve Bank of charges that it had engaged in improper foreclosure practices.

“In September 2013, JPMC agreed to pay $80 million in fines and $309 million in refunds to customers whom the bank billed for credit monitoring services that the bank never provided.

“On November 15, 2013, JPMC announced that it had agreed to pay $4.5 billion to settle claims that it defrauded investors in mortgage-backed securities in the time period between 2005 and 2008."

So where are the crimes?

Settling claims is not a crime

So where are the crimes?

Settling claims is not a crime

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

“On November 19, 2013, JPMC agreed to pay $13 billion [that’s billion with a ‘b’] to settle claims by the Department of Justice; the FDIC; the Federal Housing Finance Agency; the states of California, Delaware, Illinois, Massachusetts, and New York; and consumers relating to fraudulent practices with respect to mortgage-backed securities."

Can you spot any crimes here^^^, Sherlock?
Why do you suppose JPMC agreed to pay $13 billion to settle claims if there was no underlying crimes of fraudulent practices?

Learn what settling a claim means you dumbass.

It does not indicate a crime.

You cannot name a crime and your op is proven bullshit

Learn what settling a claim means you dumbass.

It does not indicate a crime.

You cannot name a crime and your op is proven bullshit

If you believe there's a legal distinction between being charged with criminal or civil crimes and settling a claim arising from those transgressions, supply some evidence.

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"“In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008."

JPMC was charged with defrauding members of the US military on their mortgages in violation of a specific statute and JPMC settled claims regarding their fraudulent mortgages.

If the bank had not committed mortgage fraud, why would it pay $35 million to avoid prosecution?

 

[whitehall]

How come nobody on the left was concerned when Hillary's husband pardoned the most notorious Wall Street criminal in history while he was on the FBI's top ten most wanted? Hillary doubled down and made a series of mystery speeches (at about a quarter of a million a pop) to Wall Street bankers while she was campaigning and nobody thought it was strange. Today we have a thriving economy with the DOW around 26,000 and the GDP around 4% and unemployment at a historic low and the left whines about "Wall Street crooks". Where were y'all about three years ago?

 

[georgephillip]

How come nobody on the left was concerned when Hillary's husband pardoned the most notorious Wall Street criminal in history while he was on the FBI's top ten most wanted? Hillary doubled down and made a series of mystery speeches (at about a quarter of a million a pop) to Wall Street bankers while she was campaigning and nobody thought it was strange. Today we have a thriving economy with the DOW around 26,000 and the GDP around 4% and unemployment at a historic low and the left whines about "Wall Street crooks". Where were y'all about three years ago?

I've been on the left for most of my adult life, and I don't know any leftist who ever supported Bill or Hill. They are New Democrats who told working class Democrats "if you don't like NAFTA, vote Republican."

Like most leftists, I would be very happy if Bill and Hill died in prison for what they've done to this country; however, neither Clinton represents the same threat to this country as Trump does today.

Anyone who recognizes Clinton criminality and yet ignores the even more obvious signs of moral decay coming from Trump is either willfully blind or trolling.

 

[Soupnazi630]

Precisely what crimes are you saying have been committed?

Precisely what crimes are you saying have been committed?

According to my link:
"8.2 Trillion in Bailouts.
351 Legal Actions
Almost $200 Billion in Fines and Settlements"

"To help you decide if these rap sheets are as bad as we suggest, here’s the rap sheet of JPMorgan Chase, the largest bank in the United States, as chronicled by two trial attorneys in the book JPMadoff: The Unholy Alliance between America’s Biggest Bank and America’s Biggest Crook.

“In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008.

“In March 2012, JPMC paid the government $659 million to settle charges that it charged veterans hidden fees in mortgage refinancing transactions.

“In October 2012, JPMC paid $1.2 billion to settle claims that it, along with other banks, conspired to set the price of credit and debit card interchange fees.

“On January 7, 2013, JPMC announced that it had agreed to a settlement with the Office of the Controller of the Currency (‘OCC’) and the Federal Reserve Bank of charges that it had engaged in improper foreclosure practices.

“In September 2013, JPMC agreed to pay $80 million in fines and $309 million in refunds to customers whom the bank billed for credit monitoring services that the bank never provided.

“On November 15, 2013, JPMC announced that it had agreed to pay $4.5 billion to settle claims that it defrauded investors in mortgage-backed securities in the time period between 2005 and 2008."

So where are the crimes?

Settling claims is not a crime

So where are the crimes?

Settling claims is not a crime

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

“On November 19, 2013, JPMC agreed to pay $13 billion [that’s billion with a ‘b’] to settle claims by the Department of Justice; the FDIC; the Federal Housing Finance Agency; the states of California, Delaware, Illinois, Massachusetts, and New York; and consumers relating to fraudulent practices with respect to mortgage-backed securities."

Can you spot any crimes here^^^, Sherlock?
Why do you suppose JPMC agreed to pay $13 billion to settle claims if there was no underlying crimes of fraudulent practices?

Learn what settling a claim means you dumbass.

It does not indicate a crime.

You cannot name a crime and your op is proven bullshit

Learn what settling a claim means you dumbass.

It does not indicate a crime.

You cannot name a crime and your op is proven bullshit

If you believe there's a legal distinction between being charged with criminal or civil crimes and settling a claim arising from those transgressions, supply some evidence.

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"“In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008."

JPMC was charged with defrauding members of the US military on their mortgages in violation of a specific statute and JPMC settled claims regarding their fraudulent mortgages.

If the bank had not committed mortgage fraud, why would it pay $35 million to avoid prosecution?

They did not pay to avoid prosecution moron they settled out of CIVIL court.

 

[Deplorable Yankee]

The Big Question in my mind is why both wings of the corporate media are choosing to ignore the ongoing crime spree on Wall Street:

Research Study on Ongoing Crime Spree by Wall Street Mega Banks Gets News Blackout: Here's Why

"'[Six Wall Street mega banks] have engaged in—and continue to engage in—a crime spree that spans the violation of almost every law and rule imaginable. Taking the breadth and depth of their illegal conduct as a whole, the six biggest banks in the country look like criminal enterprises with RAP sheets that would make most career criminals green with envy. That was the case not just before the 2008 crash, but also during and after the crash and their lifesaving bailouts…In fact, the number of cases against the banks has actually increased relative to the pre-crash era.'"

Don't forget, profit is theft, eh comrade?

Is that why you don't own any stock?

s that why you don't own any stock?

True or False?

"One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is, profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything."

Home - The Ponzi Factor

and when companies make money, they keep everything."

Many (most) of the stocks I own pay me a nice dividend.
Some stocks I own are bought back by the company.
In both cases, I'm getting money from the company.

But thanks for the laugh.

for the hard workin folks
LIsten to him if you wanna be a small investor for your future and ya wanna go long ..pays better than sittin it in a bank

ya have a little money here a little money there
just buy into company's that will pay you dividends.
conservative stalwarts,,,,,,and by conservative i dont mean your political leanings.

Ignore the up and downs...IGNORE GDP past and present ..IGNORE THE DAILY NEWS unless your pick a fallin apart at a later date company ...a derrr

if youre young going for the long haul ( one can only hope civilization is still standing OY )
go that way young man GO THAT WAY


i rarely give financial advice or take it ...SO no i wont give you any picks
thats for the individual to decide on their own

 

[Toddsterpatriot]

Don't forget, profit is theft, eh comrade?

Is that why you don't own any stock?

s that why you don't own any stock?

True or False?

"One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is, profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything."

Home - The Ponzi Factor

and when companies make money, they keep everything."

Many (most) of the stocks I own pay me a nice dividend.
Some stocks I own are bought back by the company.
In both cases, I'm getting money from the company.

But thanks for the laugh.

Many (most) of the stocks I own pay me a nice dividend.
Some stocks I own are bought back by the company.
In both cases, I'm getting money from the company.

But thanks for the laugh.

How does you stock income from dividends compare to capital gains?

https://www.quora.com/How-true-is-the-statement-that-the-stock-market-is-essentially-a-Ponzi-scheme

How does you stock income from dividends compare to capital gains?

Depends on the stock. I don't own any Tesla.

 

[Deplorable Yankee]

I would of let the whole thing collapse in 07 ..id probably have my new dollar today and we'd probably would of been better off by now

I have a friend who works at Morgan Stanley right on bway . IN the belly of the beast
I used to go up to his office all the time
had a friend at soc gen to . these days hes on the other side of the planet

they got some office

i wasnt a bankster
their was a couple of em in our circle
we used to take over arnos and a few other spots LOL
arnos went downhill anyway

btw HSBC is the worst in the planet when it comes to handling L/Cs
i fuckin loathe them