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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
JPMadoff: The Unholy Alliance between America's Biggest Bank and America's Biggest Crook

JPMadoff: The Unholy Alliance between America's Biggest Bank and America's Biggest Crook

Paperback

Accounting

ISBN10: 1522886206
ISBN13: 9781522886204
Publisher: Createspace
Published: Mar 1 2016
Pages: 322
Weight: 0.95
Height: 0.67 Width: 5.98 Depth: 9.02
Language: English

We live in a society where a seventeen-year-old kid who robs a 7-Eleven of three hundred dollars goes to jail in a police van, while a thirty-four-year-old Wall Street banker who steals $1 billion from customers goes to Greenwich in his limousine.

A striking example of this state of injustice is the story of the illicit collaboration between Bernie Madoff and JPMorgan Chase. JPMadoff, written by the lawyers who represent 1,600 of the customers robbed by Bernie Madoff, offers a thoroughly documented account of the illegal conduct of the officers of JPMorgan Chase who watched, for years, as Madoff committed financial crimes. Why? Because they had the free use of Madoff's billions of dollars of deposits. But this was not the only crime committed by officers of JPMorgan Chase. As the books lays out, JPMorgan Chase has become, like the Mafia, an institution that derives a substantial portion of its profits by violating the law.

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