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Gibson writes: "Laura Dimon need not look to court cases hyped on TMZ or CNN Headline News to find criminals who have escaped due justice. All she needs to do is ask her dad."

Jamie Dimon, CEO of JPMorgan Chase. (photo: AP)
Jamie Dimon, CEO of JPMorgan Chase. (photo: AP)


Jamie Dimon's Daughter Wants Criminals Brought to Justice

By Carl Gibson, Reader Supported News

01 January 14

 

aura Dimon, daughter of Jamie Dimon, one of the most notorious financial criminals who has still managed to escape incarceration, wants to see criminals do hard time in jail. But in an article she recently wrote for PolicyMic, she apparently forgot to include her dad in her list of "6 Most Notorious Criminals [Who] Aren't Facing the Justice They Deserve."

Ms. Dimon writes about how George Zimmerman stalked and killed an unarmed boy and was acquitted thanks to Florida's "Stand Your Ground" law. NFL star Aaron Hernandez likely killed at least one man and may have been involved in at least two other murders, but he has a good defense team that has cast significant doubt on his involvement. Dzokhar Tsarnaev killed 3 people and injured 260 in Boston, and may escape the death penalty. Ariel Castro kidnapped several girls and held them as captive sex slaves for years in his house, and hanged himself with a bedsheet shortly after his conviction. Christopher Dorner, a former police officer, killed several other police officers and then eventually himself. And Jodi Arias, who won't be sentenced until February, is also likely to escape the death penalty. Jamie Dimon is no different than any common criminal, he just upended way more lives.

Under Dimon's leadership, Chase Bank sailed out of the recession on top, capitalizing on the worst practices of the subprime mortgage crisis, acquiring millions of properties for pennies on the dollar, and becoming one of America's largest mortgage servicers. Jamie Dimon's company is also responsible for rampant foreclosure fraud. His bank got rich by forcing millions of families out of their homes using robo-signed mortgage documents - meaning signatures were forged, often on documents where no proof of ownership could be established once the foreclosures were challenged in court. Dimon's company just paid $13 billion in a settlement with the US government over its mortgage fraud, but nobody went to jail and $7 billion of that settlement will actually be paid by the taxpayers.

Chase Bank also purposefully misled the public on the "London Whale" scam, in which the bank lost $6 billion making bets on derivatives with depositors' money, yet still managed to make a record $21 billion profit. Dimon escaped accountability for this bungle, even though his bank admitted to violating securities laws and two Chase traders are facing criminal charges. Additionally, one of Chase's clients was Bernie Madoff, the same guy who rooked investors out of $50 billion and is currently doing hard time in jail. Chase's penalty for turning a blind eye to Madoff's ponzi scheme is roughly $2 billion, a slap on the wrist for a megabank like Chase.

The icing on the cake is Dimon's own admission that he violated Section 906 of the Sarbanes-Oxley Act, the law that was enacted following the Enron scandal to ensure corporate executives are held personally accountable for wrongdoing within their companies. Section 906 requires all corporate CEOs and CFOs to personally sign off on periodic filings with the Securities and Exchange Commission to ensure that corporate controls are effective and that all information contained in the filings is accurate. Submitting false information to regulators or having inadequate internal controls within the company can carry a $5 million fine and a jail sentence of up to 20 years.

Dimon's admission of wrongdoing happened at an investor conference organized by Goldman Sachs, during which he said, "We have control issues we've got to fix. We're taking an ax to it. We're going to fix the problems that have been identified." Dimon signed off on JPMorgan Chase's most recent 10-Q statement to the SEC on November 1, but admitted just a month later that the company's internal controls had problems that needed to be fixed. This is smoking gun evidence of a violation of Sarbanes-Oxley, and the SEC has every right to arrest Dimon.

While the criminals Laura Dimon mentioned in her PolicyMic article all committed heinous crimes like murder, rape, and kidnapping, there have been at least 5,000 suicides attributed to the financial crisis that Dimon manipulated and exacerbated through his position as CEO of Chase. Even Dzokhar Tsarnaev's role in the Boston Marathon bombing pales in comparison to Dimon's company throwing families out of their homes and driving many to commit suicide, simply for profit's sake. Jamie Dimon is a criminal of the very worst sort, without conscience or respect for his fellow human beings, and he belongs in a prison cell.

Laura Dimon need not look to court cases hyped on TMZ or CNN Headline News to find criminals who have escaped due justice. All she needs to do is ask her dad.


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Carl Gibson, 26, is co-founder of US Uncut, a nationwide creative direct-action movement that mobilized tens of thousands of activists against corporate tax avoidance and budget cuts in the months leading up to the Occupy Wall Street movement. Carl and other US Uncut activists are featured in the documentary "We're Not Broke," which premiered at the 2012 Sundance Film Festival. He currently lives in Madison, Wisconsin. You can contact him at This e-mail address is being protected from spambots. You need JavaScript enabled to view it , and follow him on twitter at @uncutCG.

Reader Supported News is the Publication of Origin for this work. Permission to republish is freely granted with credit and a link back to Reader Supported News.

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+24 # Helen Marshall 2014-01-01 16:53
Mr. Gibson, while it may seem a slam dunk to you that the Tsarnaev brothers were responsible for the Boston Marathon bombings, there are many strange aspects to this crime. http://whowhatwhy.com/2013/05/20/official-story-has-odd-wrinkles-a-pack-of-questions-about-the-boston-bombing-backpacks/

And not least, Dzokhar Tsarnaev has not yet been found guilty. Or is "innocent until proven guilty" just a quaint notion these days?
 
 
+62 # keenon the truth 2014-01-01 23:18
@Helen Marshall

Mr. Gibson was simply quoting Ms. Dimon, not proferring his own take on the case!
 
 
-43 # Penn 2014-01-02 15:17
And Mr. Dimon is a loser for thinking that a man cannot defend himself while getting his head beaten into a sidewalk. Tray on was committing felony assault when he was shot. The police could just as easily shot and killed him if they had arrived one minute sooner. Mr. Zimmerman had the Federal right to self defense without worrying about any State stand your ground rules.
 
 
+7 # Caliban 2014-01-04 12:12
Despite a police request not to do so, Zimmerman stalked the unarmed Travon Martin with a gun and murdered him with it. It was TM who was trying to defend himself.
 
 
-3 # CAMUS1111 2014-01-04 19:55
Crapppppp
 
 
+131 # Anarchist 23 2014-01-01 20:26
Steal little, go to jail; steal big, go to Congress! thsi country is curiously blind to white collar crime, prefering the more sensationalized ones committed by lesser individuals, who, one might wonder, might have been better persons if the circumstances of their lives, increasingly controlled by big money interests, had been better; if they had been more valued, educated to exercise more creativity...in stead we create a society where injustice just creates more of the same.
 
 
+56 # Eldon J. Bloedorn 2014-01-01 23:11
And the biggest criminal of all-Eric Holder. "They are too big to jail." Hey Eric, "up yours."
 
 
+37 # bingers 2014-01-02 06:02
Quoting Eldon J. Bloedorn:
And the biggest criminal of all-Eric Holder. "They are too big to jail." Hey Eric, "up yours."


I don't much like him. But in non financial matters he pretty good. If I were emperor of the USA I would make it illegal for anyone who has worked on Wall Street any contact with government other than to say "Yes sir, we'll stop doing that. They should never be allowed to hold public office or give money for political purposes.
 
 
-19 # JackB 2014-01-02 10:54
Fast & Furious. IRS. Black Panthers Intimidating voters in Philadelphia. Etc.

He's pretty good? Eric should be sharpening his skills at making license plates.
 
 
+2 # CAMUS1111 2014-01-04 19:54
black panthers and jaguars and lions and tigers and bears oh, my! Go smoke your tea
 
 
+68 # TCinLA 2014-01-02 00:30
Oled English saying from the 18th Century during "the enclosure movement" (Google it yourself and learn a little history):

"The man who stole a goose from the commons was transported to the prison colony of Georgia, while the man who stole the commons from the goose was transported to Parliament."
 
 
+25 # jussayin 2014-01-02 10:12
One statistic I read said that street crime amounted to $4 B per year while white collar crime's cost came to $40 B per year. That was an old statistic, before the meltdown, derivatives, mortgage fraud, no-bid contracts in Iraq, etc.
 
 
+42 # DPM 2014-01-01 23:37
Perhaps a "Peoples Court" needs to be set up.
 
 
+46 # MidwesTom 2014-01-01 23:48
As long as John Corzine is walking free, we know that nobody will ever go to jail or probably even pay personal fine for Wall Street fraud.
 
 
+14 # JackB 2014-01-02 10:56
I hope you are wrong but you are probably right. Makes no difference what party is in power - money talks.
 
 
+25 # fdawei 2014-01-02 01:06
Naming and shaming is the best medicine. We can then send the list to Laura for further action.

Shall we all nominate our bad person(s) on this site, then they are listed for all to see.
 
 
+71 # raclis 2014-01-02 03:05
People like Dimon know no shame, they are sociopaths.
 
 
+66 # kalpal 2014-01-02 05:17
What's wrong with destroying the lives of others in pursuit of money? Isn't that the American way?

Any country that permits the purchase of legislation by the wealthy will suffer greivous harm.
 
 
-68 # Penn 2014-01-02 08:31
Such a petty response from you. Understand something very clearly: I do not owe you anything. You have NO right to what I have. If you do NOT have something, it is because you have NOT earned it.
 
 
+38 # shagar 2014-01-02 11:16
Quoting Penn:
Such a petty response from you. Understand something very clearly: I do not owe you anything. You have NO right to what I have. If you do NOT have something, it is because you have NOT earned it.


Clearly there are some americans who could teach the North Koreans something about brainwashing. What utterly contemptible garbage.
 
 
+24 # PCPrincess 2014-01-02 11:50
Once you've paid up for all those items you use that WE pay for, then you can yell from the rooftops. You are probably thinking, "you don't pay for sh*%". I can list MANY items that your fellow community members help pay for that you use, but I'll just list one. The next time you 'use it' (restroom); take time to thank all those who contribute so that you can flush your waste out of your home. I'm pretty sure you went to school as well; it is the law in the U.S. I'm sure a smart person like yourself can understand the way that works. Older Americans paid to enable you and others as children to have an education, and now, you will do the same for those who are children now. It's a good thing the adults didn't refuse to pay taxes when you were going to school, right? (I admit, I lied, I listed two items).
 
 
+32 # dkonstruction 2014-01-02 14:17
Quoting Penn:
Such a petty response from you. Understand something very clearly: I do not owe you anything. You have NO right to what I have. If you do NOT have something, it is because you have NOT earned it.



So, in other words you are for a 100% inheritance tax since those that inherit did not "earn it." I'm with you all the way on that one. Thanks for that suggestion and keep spreading the good word!
 
 
+27 # dkonstruction 2014-01-02 14:21
Quoting Penn:
Such a petty response from you. Understand something very clearly: I do not owe you anything. You have NO right to what I have. If you do NOT have something, it is because you have NOT earned it.


So, in other words, you support a 100% inheritance tax since those that inherit did not "earn it." I'm with you all the way. Thanks for that great suggestion and keep spreading the good word!

As for you not owing anything to anyone, so I suppose you never employ people who attended public schools (paid for with OUR tax dollars) or every use a public road (paid for with OUR tax dollars) or never use any service (e.g., local police, fire or sanitation) or part of the national infrastructure that was paid for with OUR tax dollars. Nice to hear that you are so independent that take care of all of these things on your own and fully at your own expense so that you don't need to use anything that WE paid for and thus don't owe US anything. Those that are about to die salute you.
 
 
+8 # marind 2014-01-04 11:45
Amen. All of the "earn it yourself" crowd should be supporting a 100% inheritance tax. But then, psychopaths never think beyond what they want. Principles applied to everyone else never apply to THEM.
 
 
+26 # ganymede 2014-01-02 18:04
Mr. Penn, I don't normally respond to people who don't know what they're talking about or who are devoid of any humanity, but for New Year's I'm going to address your moronic comments. I'm a successful, productive, capitalist businessman and writer in NYC. I work very hard for my money, but, I hope like most people, certainly in this part of the country, I know what's enabled me to thrive, even in hard times, and it's the support I get from other people and the society I live in, including our hapless government. I want other people to be successful, have a good life and be healthy, which is why when I read selfish garbage like your comments, I feel very sad that there are still so many people like you who are trying to hold back history because you basically fear life. Try a different tune for 2014. This is going to be a year when our country continues to go in a left, progressive direction because we have no choice if we want to survive in a democratic, humane society. There's no future in your 'philosophy' of life. Even sitting by your front door with your AK-47, ready to shoot anyone who comes to take what's 'yours' isn't going to help you. Get a life and open yourself up to your God-given spirituality. You've been brutalized by the rightwing propaganda you've been wallowing in most of your life. A good therapist might help, as well.
 
 
+5 # Caliban 2014-01-04 12:37
Actually, Penn, it sounds as if you need a higher tax bracket.

Frankly, whatever financial success any of us have had has depended hugely on the American citizenry as a whole--includin g (and maybe particularly) the minimum wagers who make, sell, and buy the products that make the rich rich and those who now suffer without jobs because of the legal, fiscal, and moral misconduct of high-end manager-types like Jamie Dimon.

Some answers to income inequity in the US? A true progressive income tax; a significantly higher minimum wage; single payer health insurance; increased tax support for public schools and universities; resurrected unions; and a much higher level of support for Social Security from the income of the rich.

Get on board, Penn; there may be hope for your sanity and salvation yet.
 
 
+3 # CAMUS1111 2014-01-04 19:59
Hey, Penn Head--when you need police and fire protection, remember we do not owe it to you. Go earn it in your fascist dream world. What a pathetic case you are
 
 
+35 # JackB 2014-01-02 11:01
Don't complain. We got what we deserved.

MINNEAPOLIS STAR TRIBUNE

Let's look at what we have learned from this election:

Twenty-one of 22 incumbent senators were re-elected, and 353 of 373 incumbent members of the House were re-elected.

The American people have re-elected 94 percent of the incumbents who were running for re-election to an institution that has an approval rating of about 9 percent.

This indicates, as an electorate, we are a nation of idiots.

We're now stuck with the useless, dysfunctional government that we deserve.
 
 
+19 # SenkaLive 2014-01-02 08:06
Thank you Carl for another great article! It's such a pleasure to see that young people understand the biggest ponzi scheme ever perpetrated on this country and its people. This fraud has been uncovered mostly during foreclosures, but it goes much deeper and affects every layer of our society, not only those who are facing an imminent foreclosure. Wall Street with Demon as one of their biggest leaders were and are robbing us blind while fraudulently stealing our homes and destroying many lives along the way.
To see and hear what's happening on the ground please listen to any of my archived programs or join me live on Saturday, January 4th at 1:00pm EST to hear stories from those who are losing their homes and life savings:

archived episodes: http://www.blogtalkradio.com/senkalive

the link for Saturday's program:

http://www.blogtalkradio.com/senkalive/2014/01/04/the-biggest-suprise-for-bankers--we-the-people-standing-up-together
 
 
+35 # walt 2014-01-02 08:13
As usual in the USA, white collar criminals rarely are prosecuted. Prosecution and jails are for those other folks!

It just shows what can be done when Wall Street owns the government!
 
 
+23 # Kathymoi 2014-01-02 09:07
"Section 906 of the Sarbanes-Oxley Act, the law that was enacted following the Enron scandal to ensure corporate executives are held personally accountable for wrongdoing within their companies. Section 906 requires all corporate CEOs and CFOs to personally sign off on periodic filings with the Securities and Exchange Commission to ensure that corporate controls are effective and that all information contained in the filings is accurate. Submitting false information to regulators or having inadequate internal controls within the company can carry a $5 million fine and a jail sentence of up to 20 years." Ok. We have the law that holds CEO's of banks accountable for the mortgage fraud and other frauds they have endorsed and promoted in their banks. So, what is preventing the courts from trying and jailing the CEO's? Putting a man in prison for criminal activity would not damage the United States economy, or the world's economy. That can't be used as an excuse. What is the excuse?? What??
 
 
+19 # mdhome 2014-01-02 09:47
I can not believe that there is not anyone who could run the bank if we jailed the crooked CEOs and CFOs that allowed their banks to threw hard working men, women and their children out in the streets for their personal gain of millions of dollars! May there come a time when the roosters come home to roost and cause them severe misery.
 
 
+25 # barbaratodish 2014-01-02 09:07
Warning: this comment is satire:

I am SO amazed that Laura Dimon has ANY time at all to HAVE an opinion, let alone that she has the time to WRITE about the opinion she has! I am amazed because with all her money, I would think all her time and effort would be devoted to the EMOTIONAL DEFENSIVENESS that must be required to be a "poor little rich kid"!

Before you give me a thumbs down, note that this is meant to be SATIRE! lol
 
 
+24 # kitster 2014-01-02 09:10
how old is ms. dimon? she sounds like an air head-of-the-ric h. what she thinks is of no importance, anyway. that "the powers that be" in d.c. don't consider jamie damon one of the 10 most wanted scum bags in amerika is the real crime.

what good are these "ain't it awful" articles? no one in authority is going to do a damn thing about it. nor do we, the voters who elect the scum savers.

democracy in this country is dead. justice is dead...for greedsters with enough money to pay their way out of prison.

when will the people do something about it? to paraphrase an ancient saw..."without a backbone, the people perish."
 
 
+18 # Patrice Ayme 2014-01-02 09:39
The financiers stole the public twice: once, on the way to the financial crisis, and then again, as they claimed they needed the public's money to pull the banks out of the disaster they had caused. How did they cause it? By stealing the very banks they claimed had failed.

Tellingly, the European Union is passing a law saying that, next time, if the banks fail, it's their managers, shareholders and other financial backers who will responsible with coming up with the money, not the public. In other words, the European leaders themselves admit that the public was stolen last time. So why is nobody going to jail?

Obama repeatedly called Dimon "my friend". Dimon had got for quasi free the bank Bear Sterns from GW Bush's government, in the famous "Jamie Deal. And so on. It's a young ten million dollar a year banker in Obama's cabinet who came up with the "sequestration" idea… Not the republicans, not the Tea Party.

Bankers have their own party, the Plutocratic Party. It's all over.

It's time, indeed, to jail them all. Problem: real progressives, and not traitors who talk one way, and behave in the exact opposite manner, have to be elected first… Or then people have to go into the streets (that method works in France at least!)
 
 
+9 # Buck Hailstone 2014-01-02 10:30
Check out the 2013 film on Netflix, " Assault on Wall Street ", for a fantasy revenge movie where the bad guys in those towers of shame are taken care of.
 
 
+2 # jwb110 2014-01-02 15:46
Bait and switch.
 
 
+2 # Walter J Smith 2014-01-03 16:09
We all know that Jamie Dimon is the most successful and also the most notorious of those most viciously criminal of that most viciously criminal class of Wall Street Bankers and Finance Chieftains who continue their most visciously criminal raiding of the United States's entire commonwealth, as well as our several states' and municipalities' wealth, as well as most of our private wealth.

Why are we not talking about the two most visciously criminal political parties whose popularly elected chieftains cooperated to first handsomely reward those most visciously criminal Banking and Finance Chieftains, before, second, again handsomely rewarding those very same most visciously criminal Bankers and Finance Chieftains, before, third, again, and this time on a rolling, still unending monthly stipend, handsomely rewarding those very same most viscious criminal Wall Street Bankers and Finance Chieftains, before, fourth, passing a fake Banking and Finance Reform law that refuses to regulate those most viscious Banking and Finance Criminals before 2015, a date subject to endless delay, at the whim of the notoriously inept Federal Reserve Board of the world's most visciously irresponsible Banking and Finance criminals and their most visciously irresponsible criminal underlings who most succeed at the never-ending Government-Indu stry Revolving Doors Careers Olympic Games?

"Who zoomin' who?!" (Thank you very much for that timely wisdom, Very Most Honorable Ms. Aretha Franklin.)
 
 
+3 # Walter J Smith 2014-01-03 16:10
We all know that Jamie Dimon is the most successful and also the most notorious of those most viciously criminal of that most viciously criminal class of Wall Street Bankers and Finance Chieftains who continue their most visciously criminal raiding of the United States's entire commonwealth, as well as our several states' and municipalities' wealth, as well as most of our private wealth.

Why are we not talking about the two most visciously criminal political parties whose popularly elected chieftains cooperated to first handsomely reward those most visciously criminal Banking and Finance Chieftains, before, second, again handsomely rewarding those very same most visciously criminal Bankers and Finance Chieftains, before, third, again, and this time on a rolling, still unending monthly stipend, handsomely rewarding those very same most viscious criminal Wall Street Bankers and Finance Chieftains, before, fourth, passing a fake Banking and Finance Reform law that refuses to regulate those most viscious Banking and Finance Criminals before 2015, a date subject to endless delay, at the whim of the notoriously inept Federal Reserve Board of the world's most visciously irresponsible Banking and Finance criminals and their most visciously irresponsible criminal underlings who most succeed at the never-ending Government-Indu stry Revolving Doors Careers Olympic Games?

"Who zoomin' who?!" (Thank you very much, Very Most Honorable Ms. Aretha Franklin.)
 
 
0 # syndicatednews 2017-11-26 04:34
Jamie Dimon's daughter wants criminals brought to justice? She and her father had better put down that bong. JPMorgan Bank became an admitted felon because its CEO, Chairman and Pres (yes, one man wearing all three hats) committed multiple felonies. The bank was charged with the felony but it was he who committed the felonies.

The felonies involved
- foreign currency rigging
- charged with two felony counts and given a deferred prosecution agreement
- aiding and abetting Bernie Madoff in the largest Ponzi fraud in history.

Yes, that's right... Jamie Dimon, the head of JPMorgan was charged with felonies for helping and lying for Bernie Madoff.

- rigging electric markets
- ripping off veterans
- charging credit card customers for fictitious credit monitoring
- manipulating the Libor interest rate benchmark

If Jamie Dimon's daughter wants criminals arrested, she should turn in her father. After all, she committed insider trading for him when she bought Bitcoin after he trashed the product. That was deliberate and it's a felony.

Other than the Staten Island accent, I see little difference between John Gotti's daughter Victoria and Jamie Dimon's daughter. Both are star struck with their father's images.

The biggest fine Jamie Dimon had to pay the DOJ was accepted by Eric Holder and used to re-elect Obama. Read the story yourselves...

http://www.esquire.com/news-politics/politics/a12787808/jp-morgan-mortgage-scam/
 

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