Six years after the crisis that cratered the global economy, its not exactly news that the countrys biggest banks stole on a grand scale. Thats why the more important part of Fleischmanns story is in the pains Chase and the Justice Department took to silence her. She was blocked at every turn: by asleep-on-the-job regulators like the Securities and Exchange Commission, by a court system that allowed Chase to use its billions to bury her evidence, and, finally, by officials like outgoing Attorney General Eric Holder, the chief architect of the crazily elaborate government policy of surrender, secrecy and cover-up. Every time I had a chance to talk, something always got in the way, Fleischmann says. This past year she watched as Holders Justice Department struck a series of historic settlement deals with Chase, Citigroup and Bank of America. The root bargain in these deals was cash for secrecy. The banks paid big fines, without trials or even judges – only secret negotiations that typically ended with the public shown nothing but vague, quasi-official papers called statements of facts, which were conveniently devoid of anything like actual facts. Banksters Job Reborn
Posted on: Sun, 09 Nov 2014 17:23:07 +0000
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