Don’t Challenge J.P. Morgan’s Settlement With The Government; Instead, Sue The Federal Reserve
A nonprofit called Better Markets announced last Monday that it is suing the Justice Department for settling its case against J.P. Morgan in secret. The DoJ accepted the equivalent of five months of profit from the United States’ largest bank for negligence which contributed to the 2008 mortgage crisis. “The Wall Street bailouts were bad enough, but … [Read more…]