Wednesday, September 4, 2013

Banksters Ship taking on Water

Next Bankster
Well, the public won't see any of this money but it's good practice to go after the ones who continue to line their pockets of false business.  If we're to ever move forward with America to gain respect of the government and corporations, that model is going to have to work weekends and around the clock, show me!  So much has come over the wire this past month I was waiting for it to accumulate and it's like a destroyer turning all guns and firing.  The government can't keep picking the pockets of the taxpayers to support what is wrong, the Federal Reserve can't keep printing money and add what is not collected to the taxpayers which in turn gets tacked to the national debt of future Americans.

I'll tell ya something, the dollar is just about to be burned at the stack and new money is needed in a big way, that's why all these suits are being hammered on the banks.  Not only that but some Banksters seem to have a conscience, let's take a look as the pot is boiling over!  To top it off the NSA scandal is also on the burner.  The US government support by the people, well I'll just say it, SUCKS!  

Ackermann Quit Zurich After Being Named in Suicide Note:
Ackermann, who led Germany’s Deutsche Bank AG (DBK) through the financial crisis in 10 years as the chief executive officer, said yesterday he was stepping down from Zurich Insurance.  Read more:

Microsoft, Google plan to sue over surveillance disclosure:
The U.S. Department of Justice's talks with Microsoft and Google have hit a wall as the government pushes back at the tech companies' demand for the ability to disclose the now-secret data requests they receive. Both companies may sue in order to "speak more freely."  Read more:

U.S. Bank Legal Bills Exceed $100 Billion:
The six biggest U.S. banks, led by JPMorgan Chase & Co. (JPM) and Bank of America Corp., have piled up $103 billion in legal costs since the financial crisis, more than all dividends paid to shareholders in the past five years.  Read more:

Regulators Prepare Penalties for JPMorgan:
Two federal regulators are preparing a series of enforcement actions and fines against JPMorgan Chase stemming from its dealings with consumers during the recession, presenting the latest legal threat to the nation’s biggest bank.  Read more:

JPMorgan's former 'London Whale' supervisor arrested in Spain:
Spanish police arrested former JP Morgan Chase trader Javier Martin-Artajo on Tuesday as he prepares to fight possible extradition to the United States over a $6.2 billion financial scandal at the United States' largest bank.  Read more:

Charges Against 2 Former JPMorgan Traders Fault Management:
Criminal charges brought against two former London traders on Aug. 14 continue to mar the reputation of investment bank JPMorgan Chase, intensifying the scrutiny surrounding its N.Y. executives. U.S. Attorney Preet Bharara publicly denounced the lack of oversight and controls placed on traders by senior management officials, as well as the practice of hiding significant losses.

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