US Department of Justice

Justice Department Misrepresents JP Morgan Settlement

October 22, 2013

The DOJ gives up the ability to prosecute JP Morgan The settlement between JPMorgan Chase and the Justice Department has been reported at $13 billion, for charges that Chase sold toxic mortgage-backed securities that fueled the financial crisis of 2008. The reported $13 billion amount is a misrepresentation of the actual figure by the Justice…

Obama: Rhetoric or New Direction?

January 30, 2013
Dimitri Lascaris: Department of Justice under George Bush secured convictions of major figures from the business community in complex financial frauds and Obama and Holder have not done so following the worst epidemic of financial fraud in the modern era