According to Reuters, tomorrow, JP Morgan's Board will consider releasing an internal report that faults CEO Jamie Dimon's oversight of a division that lost more than $6.2 billion in botched trades.
The office of the Comptroller of Currency may wrist slap the Bank as early as today for lax anti-money laundering controls.
Separately, JP Morgan agreed in a deal announced last week to pay $2 billion on top of $5.29 billion assessed last year, to settle mortgage abuse charges.
A few more stinky bad apples, right Jamie?
As is usual in today's Klepto-Crony-Fraudocratic-Ponzi-Plutopian world, no criminal charges are contemplated and the swindling CEO midget at the top of JP Madoff's wonderful magnificent perpetually ponzi klepto crony pyramid has absolutely nothing to be worried about with regard to the safety and security of his fat assed TBTF throne of fraud.
What kind of a world is this you ought justifiable ask?
HERE IS WHAT KIND OF A WORLD...
"For remember, we live in a world where the architects of the financial crisis regularly dine at the White House -- and where even those brought to "justice" never even have to admit any wrongdoing, let alone be labeled "felons."
In that world, the question this government needs to answer is why it was so necessary that Aaron Swartz be labeled a "felon." For in the 18 months of negotiations, that was what he was not willing to accept, and so that was the reason he was facing a million-dollar trial in April -- his wealth bled dry, yet unable to appeal openly to us for the financial help he needed to fund his defense, at least without risking the ire of a district court judge.
And so as wrong and misguided and fucking sad as this is, I get how the prospect of this fight, defenseless, made it make sense to this brilliant but troubled boy to end it."
Swartz was ahead of his time
A victim cut-down in his prime
His criminal deed
To help those in need?
I no longer understand "crime"
The Limerick King
R.I.P. Aaron Swartz...