JPMorgan Gives CEO Dimon 74% Raise to $20 Million in 2013

This reminds me of the Untouchables – only the corruption is made public as if it were acceptable. Too bad the government is so complicit. If this were an average CEO the government would have hauled his butt in on numerous charges whether they were true or not…not to mention the IRS would be auditing him personally day and night. Maybe he should run for New York Governor – like his pal Kashkari is doing in California… Nah… Politicians are servants. Dimon wants to be King.

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JPMorgan Gives CEO Dimon 74% Raise to $20 Million in 2013

JPMorgan Chase & Co. (JPM) gave Chief Executive Officer Jamie Dimon a 74 percent raise to $20 million last year, bringing his pay closer to where it stood before he was penalized for faulty oversight of botched derivatives bets.

The board’s compensation package for Dimon, 57, who also serves as chairman, included $18.5 million in restricted stock, the New York-based lender said today in a regulatory filing. His salary was unchanged at $1.5 million and he got no cash bonus, according to the filing.

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New York’s Schneiderman Expands Financial Crimes Unit

AG Schneiderman understands the criminal aspects of this banksters fraud. He could be Superman if it weren’t for the politics… But he is as close as we can get.

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New York’s Schneiderman Expands Financial Crimes Unit

New York Attorney General Schneiderman expanded an existing criminal bureau to include a focus on financial wrongdoing two years after Governor Andrew Cuomo created a regulator with a similar mandate.

Gary Fishman, 44, a former state prosecutor in the Manhattan District Attorney’s Office, will serve as chief of the Criminal Enforcement and Financial Crimes Bureau, an expansion of the Criminal Prosecutions Bureau, the attorney general’s office said yesterday in a statement.

“Financial industry leaders who play by the rules deserve a level playing field, and those bad actors who seek to take advantage of their competitors and their neighbors must be stopped and punished,” Schneiderman said in the statement.

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A Requirement for Every Foreclosure Judge – Watch The Wolf of Wall Street

By Sydney Sullivan

The Wolf of Wall Street - Sep 2013Without a doubt every foreclosure judge and any judge who has ruled in favor of the banks over duped homeowners should be required to watch The Wolf of Wall Street – not once but several times.

Every time the Courts consider ruling in favor of these decadent Wall Street creatures – they should be shoved into a room with a wide flat screen TV, handed a box of popcorn and ice cold Coca Cola and locked in there for 180 minutes – so they can see exactly what they are sustaining by ruling in favor of the banks. Continue reading

Threats, Extortion Made By Banks Threatened By Eminent Domain

12-RICHMOND1-master675Eminent Domain: a Long Shot Against Blight – Maybe Not

New York Times By 

You can’t fight city hall, the saying goes. But Gayle McLaughlin, the mayor of Richmond, Calif., a city of 100,000 souls, would tell you that fighting Wall Street is harder. Even for city hall. Continue reading

Whistleblower Complaint Leads to $320M Settlement

If one did it – you can pretty much figure they all did it.

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Whistleblower Complaint Leads to $320M Settlement

Taylor Bean & Whitaker Mortgage Corp. and Home America Mortgage will pay more than $320 million to resolve allegations that they falsified loan applications, created false documentation, and misrepresented qualifications of applicants in order to secure federally funded insurance for home loans that ultimately defaulted.

Two whistleblowers filed a False Claims Act complaint in 2006 in the U.S. District Court for the Northern District of Georgia claiming the businesses engaged in a pattern of fraudulent activity that resulted in false applications for mortgage guarantees to be presented to the Department of Housing and Urban Development.

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Isn’t it a Bitch When They Lie…

And then they get caught?! No sense of consequence.

Painter

Failing to be honest costs a lot of money… omitting the truth is just as bad as lying.

Government extracts $2 billion in fines from JPMorgan in Madoff case

By , Published: January 7 E-mail the writer

Years of high investment returns at Madoff Securities left bankers in the London office of JPMorgan Chase skeptical of the methods of company chief Bernard L. Madoff. While the bank reported its suspicions to British authorities in 2008, it never said a word to anyone in Washington, the Justice Department says.On Tuesday, Madoff’s primary banker agreed to pay federal prosecutors and regulators more than $2 billion to resolve criminal charges that it failed to alert the government about Madoff’s Ponzi scheme. [Read more HERE]

KaBoom!! Wells Fargo Bank, N.A. v Erobobo | NYSC – REMIC Fail, Plaintiff obtained the mortgage and note without an intervening assignment, in violation of the PSA to closed Trust

IMHO – the trusts are empty, the money is gone, gone to fill pockets of the elite, wars, bribes and a mess of a global economy…

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stopforeclosurefraud.com | January 2, 2014

Decided on April 29, 2013

Supreme Court, Kings County

Wells Fargo Bank, N.A., as Trustee for ABFC 2006-OPT3 TRUST, ABFC ASSET-BACKED CERTIFICATES, SERIES 2006-OPT3, Plaintiff,

against

Rotimi Erobobo, THE CITY OF NEW YORK ENVIRONMENTAL CONTROL BOARD, “JOHN DOE” AND “JANE DOE” said names being fictitious, it being the intention of Plaintiff to designate any and all occupants of the premises being foreclosed herein, Defendants.

31648/2009

Plaintiffs Attorney

Fein, Such & Crane, LLP.

28 East Main Street, Suite 1800

Rochester, New York 14614

(585) 232-7400

Defendants Attorney

Kenneth S. Pesinger, Esq.

3601 Hempstead Turnpike, Suite 305

Levittown, New York 11756

Wayne P. Saitta, J.

Plaintiff, WELLS FARGO BANK, N.A., as Trustee for ABFC 2006-OPT3 TRUST, ABFC ASSET-BACKED CERTIFICATES, SERIES 2006-OPT3, (herein “Plaintiff”), moves this Court for an Order for summary judgment pursuant to CPLR 3212.

Upon reading the Notice of Motion by V.S. Vilkhu, Esq., Attorney…

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