Bloomberg Comedy Hour

10
522

by Katherine Frisk

Bloomberg_Bloombergs-Jonathan-Ferro-and-Joel-Weber-Discuss-Jamie-Dimons-Dedication-to-His-Customers
Jonathan Ferro and Joel Weber

This is so sad, so pathetic, that you have to see it in the light of a comedy. Any 7-year-old could identify the pathetic sycophantic element in this interview.

Joel Weber is a perfect example of a psychopath or something out of “What’s up doc!” The kind of guy who would slip a bicycle spoke through your ribs all the while smiling and telling you what a great guy he is and that you can trust him… all the way to the bank in this case.

And in this case he is telling you what a great guy Jamie Dimon is and the virtues of J.P.Morgan who have their “customers best interests at heart.” Oh give me a break!

As a friend of mine quite regularly posts in the comments section: “WHAAAAAAATTT?”

Or as Jim Dean so often remarks, “You just can’t make this stuff up!”

Merely three of the robber baron stinkers who helped propel the world into two world wars
Merely three of the robber baron stinkers who helped propel the world into two world wars

These are the same guys who started the Federal Reserve and put a zip on Tesla’s lip, locking up free energy systems for over a century. So right off the bat, you know that they are a bunch of crooks. 

Watch Joel closely. The smile, the comebacks, oh how J.P.Morgan has “learnt from their mistakes!” And how they have paid pithy fines for robbing the world blind and have got away with it.

Let’s face it, Joel Weber needs more work to smooth the edges out a bit. He still jars, and is not very convincing at all! He needs to get some lessons from Hillary, or maybe not. Because the next time a whistleblower goes free falling off the 33rd floor and splat onto the pavement, Joel might be chanting with that frozen smile of his, “We came, we saw, he jumped!”

Here are some examples from J.P.Morgan’s attempt to put right what should have had them locked up behind bars for life, but of course they are too big to fail right? Or so we are told:

From: JPMadoff: The Unholy Alliance between America’s Biggest Bank and America’s Biggest Crook –  courtesy – Wall Street On Parade

In April 2011, JPMC agreed to pay $35 million to settle claims that it overcharged members of the military service on their mortgages in violation of the Service Members Civil Relief Act and the Housing and Economic Recovery Act of 2008.

In March 2012, JPMC paid the government $659 million to settle charges that it charged veterans hidden fees in mortgage refinancing transactions.

In October 2012, JPMC paid $1.2 billion to settle claims that it, along with other banks, conspired to set the price of credit and debit card interchange fees.

On January 7, 2013, JPMC announced that it had agreed to a settlement with the Office of the Controller of the Currency (‘OCC’) and the Federal Reserve Bank of charges that it had engaged in improper foreclosure practices.

In September 2013, JPMC agreed to pay $80 million in fines and $309 million in refunds to customers whom the bank billed for credit monitoring services that the bank never provided.

On November 15, 2013, JPMC announced that it had agreed to pay $4.5 billion to settle claims that it defrauded investors in mortgage-backed securities in the time period between 2005 and 2008.

On December 13, 2013, JPMC agreed to pay 79.9 million Euros to settle claims of the European Commission relating to illegal rigging of benchmark interest rates.

In February 2012, JPMC agreed to pay $110 million to settle claims that it overcharged customers for overdraft fees.

In November 2012, JPMC paid $296,900,000 to the SEC to settle claims that it misstated information about the delinquency status of its mortgage portfolio.

In July 2013, JPMC paid $410 million to the Federal Energy Regulatory Commission to settle claims of bidding manipulation of California and Midwest electricity markets.

On November 19, 2013, JPMC agreed to pay $13 billion [that’s billion with a ‘b’] to settle claims by the Department of Justice; the FDIC; the Federal Housing Finance Agency; the states of California, Delaware, Illinois, Massachusetts, and New York; and consumers relating to fraudulent practices with respect to mortgage-backed securities.

In December 2013, JPMC paid $22.1 million to settle claims that the bank imposed expensive and unnecessary flood insurance on homeowners whose mortgages the bank serviced.

On May 15, 2015, five financial institutions, including JPMC, pled guilty to a criminal conspiracy to fix the foreign exchange market, paying a total of $5.6 billion in fines. JPMC paid $892 million in fines.”

Now check the twit out on Bloomberg:

Bloomberg’s Joel Weber recaps an interview with JPMorgan Chase CEO Jamie Dimon. (Source: Bloomberg)


Katherine Frisk is a freelance writer, political commentator and the author of: Jesus Was A Palestinian.


Author Details
Katherine is a freelance writer, political commentator, activist and the author of Jesus Was A Palestinian
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