JPMorgan Chase Whistleblower Breaks Silence on "Massive Criminal Securit...

Published on Nov 7, 2014

11/07/2014

A year ago this
month the U.S. Department of Justice announced that the banking giant
JPMorgan Chase would avoid criminal charges by agreeing to pay $13
billion to settle claims that it had routinely overstated the quality of
mortgages it was selling to investors. But how did the bank avoid
prosecution for committing fraud that helped cause the 2008 financial
crisis? Democracy Now! speaks to JPMorgan Chase whistleblower Alayne
Fleischmann in her first televised interview discussing how she
witnessed "massive criminal securities fraud" in the bank’s mortgage
operations. She is profiled in Matt Taibbi’s new Rolling Stone
investigation, "The $9 Billion Witness: Meet JPMorgan Chase's Worst
Nightmare." http://www.rollingstone.com/politics/...