Bankster Crime

Exposing Fraud in the Banking System

Coffee Bean Direct

Featured Story


By Pam Martens and Russ Martens: April 2, 2024 ~

Jamie Dimon, Chairman and CEO of JPMorgan Chase, Shows Off Presidential Cuff Links While Testifying Before Congress in 2012 on the London Whale Trading Scandal

Remember that time in 2016 when Attorney General Loretta Lynch decided she would take a private meeting with Bill Clinton on her plane as it was parked on the tarmac in Phoenix – while his wife, Hillary Clinton, was under federal investigation for using an unsafe private email server at her New York home to receive classified government emails when she was Secretary of State?

What President Biden’s Vice President, Kamala Harris, and his Chief of Staff, Jeff Zients, did in mid-March was equally scandalous. Harris had a “one-on-one lunch at the White House” with Jamie Dimon, the Chairman and CEO of the most crime-riddled bank in the United States, JPMorgan Chase. Zients also separately met with Dimon. That reporting comes courtesy of reporters Joshua Franklin and James Politi of the Financial Times (paywall). It has not been disputed by the Biden administration.

Dimon’s private meetings in Washington come as the bank (that has already admitted to a string of five criminal felony charges) is currently facing a serious investigation for “billions” of improperly conducted trades by its federally-insured bank. Two of its federal regulators, the Office of the Comptroller of the Currency and the Federal Reserve, settled those charges in March for a combined $348 million. Both regulators provided extremely sketchy details as to the precise nature of the trading misconduct. JPMorgan Chase revealed in an SEC filing in February that it remains under investigation in the same matter by a third regulator “but there is no assurance that such discussions will result in a resolution,” the bank wrote in the filing.

It would certainly not be the first time that Dimon attempted to throw his weight around in Washington to get his bank out of trouble. During Congressional hearings in 2012, when Dimon was called to testify about his bank allowing its traders to use deposits from its federally-insured bank to gamble in derivatives in London and lose what eventually tallied up to $6.2 billion (the infamous “London Whale” scandal), Dimon had the temerity to wear presidential cuff links to show off a gift from the White House.

Then there was Dimon’s meeting with Attorney General Eric Holder during the Obama administration when JPMorgan Chase was being investigated for widespread mortgage fraud. For what the bank got away with in that matter, see Matt Taibbi’s report revealing that the Justice Department sandbagged their key witness, a former lawyer/ whistleblower inside JPMorgan Chase, who called it “the biggest financial cover-up in history.”

According to the recent Financial Times report, Vice President Harris did not list the luncheon on her official daily calendar, suggesting she knew it was inappropriate. The FT reporters also reveal the following:

“Dimon, one of the most influential voices on Wall Street, also separately met White House chief of staff Jeff Zients while he was in Washington, as well as federal regulators and members of Congress. It could not be learnt what was discussed at the meetings. The White House and JPMorgan, the largest US bank by assets, declined to comment.”

The only reason that Dimon is still called “one of the most influential voices on Wall Street” is because sycophants in mainstream media still call him that. Engaged Americans, like former Labor Secretary and Public Policy Professor Robert Reich, call Dimon an “oligarch” who has “hijacked the system.” Trial attorneys Helen Davis Chaitman and Lance Gotthoffer released a book, JPMadoff: The Unholy Alliance Between America’s Biggest Bank and America’s Biggest Crook, in which they provided this take on Dimon:

“In Chapter 4, we compared JPMC [JPMorgan Chase] to the Gambino crime family to demonstrate the many areas in which these two organizations had the same goals and strategies. In fact, the most significant difference between JPMC and the Gambino Crime Family is the way the government treats them. While Congress made it a national priority to eradicate organized crime, there is an appalling lack of appetite in Washington to decriminalize Wall Street. Congress and the executive branch of the government seem determined to protect Wall Street criminals, which simply assures their proliferation…

“If Jamie Dimon is running a criminal institution, he should be prosecuted for it. And law enforcement has the perfect tool for such a prosecution: the Racketeer Influenced and Corrupt Organizations ACT (RICO).”

In 2014, the non-profit watchdog, Better Markets, filed a federal lawsuit against the U.S. Department of Justice and the man who sat at its helm, Attorney General Eric Holder. The lawsuit challenged what had emerged out of that cozy meeting between Holder and Dimon – a $13 billion out-of-court settlement over the bank’s sale of toxic mortgages.

Better Markets wrote on its website that this was at the time “The largest settlement in U.S. history from a single entity by more than 300%” and that it “granted JP Morgan blanket civil immunity for years of alleged, but undisclosed, pervasive, egregious and knowing fraudulent and illegal conduct that contributed to the 2008 financial crash and the worst economy since the Great Depression.”

Among the allegations in the Better Markets’ press release, these three stood out:

“The Attorney General and other senior DOJ political appointees negotiated directly and entirely in secret with the CEO of JP Morgan Chase [Jamie Dimon], someone who was considered a possible Treasury Secretary just a few years ago.

“The cellphone of DOJ’s third highest ranking official rang with the ‘familiar’ phone number of JP Morgan Chase’s CEO [Jamie Dimon], who called to offer billions of dollars to stop DOJ from holding a press conference and filing a lawsuit in just a few hours. The call worked, and the press conference and lawsuit were both called off.

“DOJ gave complete civil immunity to JP Morgan Chase for defrauding thousands in exchange for $13 billion, via a contract that was negotiated and finalized in secret without any review or approval by a federal court.”

Attorneys for the Justice Department asked the federal court to dismiss the Better Markets lawsuit on the basis that Better Markets lacked standing to file the lawsuit. The U.S. District Court for the District of Columbia did just that in a longwinded decision that effectively stripped Americans of their ability to fight back against the increasingly corrupt nexus between Washington and Wall Street.

If you agree with Wall Street On Parade that the current banking structure in the U.S. represents a threat to national security and economic stability, please contact your U.S. Senators today via the U.S. Capitol switchboard by dialing (202) 224-3121. Tell your Senators to hold immediate hearings on the urgent need to restore the Glass-Steagall Act to separate Wall Street’s trading casinos from federally-insured commercial banks.

Give the gift of great skin care. Our Soap and Shave Bars are gentle and produce a smooth creamy lather that is nourishing to your skin. They are handmade in small batches. We use only high-quality natural ingredients that you can pronounce. No chemicals, no sodium laurel sulfate, no phthalates, no parabens, no detergents. The set can include Soap Bar, Shave Bar, Shave Brush, and/or Shampoo Bar. These come in a white box and are perfect for your gift giving needs.

Our soaps are made with skin loving ingredients including olive oil, coconut oil, lard, sweet almond oil, shea butter, and castor oil. We do not use palm oil. Scented only lightly with fragrance oils.

The Shave bars give a very close and smooth shave with no razor burn. They leave your skin feeling amazing. A lather can be built up in your hands and then applied to your face, but it is best to use a shaving brush. These bars will only produce a thick foam when used with a shaving brush.

Our Shampoo Bars have a thick lather. A lather can be built up in your hands and then applied to your hair, but it is best to rub the bar gently in your hair. Rinse and repeat.

You choose a scent:
A Thousand Dreams is a whimsical blue scented in a warm mix of fruity and floral notes with peach, peony, lily, musk, sandalwood, and amber.
Bay Rum Spice is a nice masculine scent similar to Old Spice. The scent notes are clove, pine needles, cedarwood, orange, vanilla, and musk.
Birch Woods is a great outdoors-type scent. The notes are bergamot, patchouli, vetiver, and tonka bean.
Cool Clear Water is a refreshing scent. The notes are crisp water, oakmoss, pine, cedar, and musk.
Lavender Champagne has a wonderful scent of Lavender and Champagne and has a light purple color. The scent notes are lavender, sparkling Champagne, grapefruit, orange, thyme, oak, and amber.
Midnight Waters is a moody-mystical scent that opens with fruity notes of red berries, juicy tangerine, and bergamot. Then unfolds into bubbly Champagne, violet flowers, cashmere, amber, and musk.
Raspberry Vanilla is an all-time favorite fragrance for soap. It is a beautiful magenta color. The scent notes are raspberry, strawberry, lemon, coconut, peach, honeysuckle, plum, and vanilla.
Warm Sandalwood is a warm, rich, and woodsy scent. The colors are warm and rich with brown, gold, and white.

A Soap bar will weigh approximately 4 ounces and be approximately 2.25 inches wide by 3.5 inches tall and 1 inch thick. A Shave bar will weigh approximately 3 ounces and be approximately 2.5 inches across and 1.25 inches thick. A Shampoo Bar will weigh approximately 3.5 ounces and be approximately 2.5 inches across and 1.25 inches thick. Please keep in mind that our products are handmade and hand cut. Each bar is unique and might vary slightly in shape, size, design, and color from those pictured.

Please keep your Soap Bars, Shave Bars, and Shampoo Bars well-drained and allow to dry between uses. This will ensure longer lasting bars.

Allergen: Our products contain oil from tree nuts. Please test on a small area of skin prior to use and stop using if irritation occurs. Do not use if you are pregnant. Do not use on infants under the age of 24 months. Do not get in your eyes as it will sting slightly. GoShopping

Don't Miss

By BanksterCrime

Goldman Sachs’ Bank Derivatives Have Grown from $40 Trillion to $54 Trillion in Five Years; So How Did Its Credit Exposure Improve by 200 Percent?…

Read More

Is the Stock Market Setting Investors Up for a Tech Bust Similar to the Bust?

By BanksterCrime

BanksterCrime, Nvidia Share Price Performance Year-to-Date (Green) Versus S&P 500 (Orange) and Russell 2000 (Blue) By Pam Martens and Russ Martens: On Tuesday, a stock most…

Read More

By BanksterCrime

Bitcoin’s price recovery stalls above $61,000 as DXY tops 106.00. Latest Prices CoinDesk 20 Index 2,092 +3.5 ▲ 0.2% Bitcoin (BTC) $61,076 −290.9 ▼ 0.5%…

Read More

By StevieRay Hansen

The Senate Race in Ohio Is the Sickest in U.S. History in Terms of Billionaire Money from Outside the State  By Pam Martens and Russ Martens:…

Read More

By BanksterCrime

Crypto Tries to Recreate the Koch Money Machine to Pack Congress with Shills BanksterCrime: Editor’s Note: For watchdog Better Markets’ detailed analysis of crypto’s “track…

Read More
Posted in ,



Your email address will not be published. Required fields are marked *