long ago Jamie Dimon lashed out at U.S. government policy during the previous company's quarterly earnings conference, stating
it’s “almost an embarrassment” being an American citizen traveling the world because of policies hindering business growth.
Ummmmm. were you refering to YOUR money laundering?
And the US government, despite its vast powers, fails to stop it?
Thousands of secret suspicious activity reports offer a never before seen picture of corruption and complicity and how the government lets it flourish.
thousands of “suspicious activity reports” and other US government documents — offer an unprecedented view of global financial corruption, the banks enabling it, and the government agencies that watch as it flourishes.
These documents, compiled, shared with the government, but kept from public view, expose the hollowness of banking safeguards, and the ease with which criminals have exploited them. Profits from deadly d–g wars, fortunes embezzled from developing countries, and hard-earned savings stolen in a Ponzi scheme were all allowed to flow into and out of these financial institutions, despite warnings from the banks’ own employees.
Money laundering isn't a crime?
JP MORGAN CHASE, That’s garden variety corruption profiting from the powers that come with banking greed and Jamie Fimin is at the center if this newly revealed fiasco, doing it on a daily basis through systematic violation of the Anti Money Laudering laws
But as bad as that is and it used to be considered beyond the worse pale in financial institutions, here’s a whole other dimension to Jamie Dimon's lawbreaking that takes it to a much more serious level. In fact, the bank was warned multiple times by regulators, all but ignored.
Yes, US anti-money laundering laws do tend to hinder "business". And to think US taxpayers bailed these dirbags out in 2008.