MSNBCW The Ed Show November 7, 2014
Morgan chase was buying bogus Mortgage Backed securities, oversaid incomes and old dates. They were described as the bottom of the mortgage barrel. They were used cars that had been towed back to the lot after throwing a rod. They sold hundreds of millions of dollar of these mortgages after fleischman repeatedly raised red flags she was fired in 2008. Now she is a central witness. What is worse than j. P. Morgan chases criminal activity is the refusal of the Justice Department to take meaningful action against the bank. J. P. Morgan chase paid 6. 5 billion in penalties in the end for their mas...