Blog Archive: November 2014

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The $9 Billion Witness JPMorgan Failed to Silence

Journalist Matt Taibbi of Rolling Stone recently exposed the story of Alayne Fleischmann, the Department of Justice's key witness supporting the $9 billion (claimed to be $13 billion) mortgage & securities fraud related settlement of November 19, 2013. Fleischmann provides a long and detailed account of the circumstances leading up to the DoJ's resolution of JPMorgan Chase's culpability in relation to what Fleischmann describes as "massive criminal securities fraud" within the bank's mort...

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