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WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!

 
Anonymous Coward
User ID: 25191038
Mexico
10/11/2012 10:23 AM
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WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!
[link to finance.yahoo.com]


Federal authorities are using taped phone conversations to build criminal cases related to the multibillion-dollar trading loss at JPMorgan Chase, focusing on calls in which employees openly discussed how to value the troubled bets in a favorable way.
Investigators are looking into the actions of four people who previously worked for the team based in London responsible for the $6 billion loss, according to officials briefed on the case. The Federal Bureau of Investigation could make some arrests in the next several months, said one person who spoke on the condition of anonymity because the inquiry was ongoing.
Anonymous Coward (OP)
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10/11/2012 01:20 PM
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Re: WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!
[link to www.silverdoctors.com]


Breaking reports indicate the London Whale, JPM’s ‘Achilles Heel’ and two other members of JPM’s CIO team face imminent CRIMINAL CHARGES over JPM’s CIO derivatives debacle. It wouldn’t surprise us if Mr. Dimon himself convinced authorities to bring charges simply to further extricate himself from the implications of the alleged criminal falsification of JPM’s financial statements (which Mr. Dimon would have signed off on).
Anonymous Coward (OP)
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10/11/2012 01:52 PM
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Re: WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!
RATS ARE JUMPING OUT THE BOAT ASAP !!
JPM will declare they are former- employees because their improper conducts and BS !! CLASSIC !!



[link to www.bloomberg.com]

The entire London staff of JPMorgan Chase & Co. (JPM)’s chief investment office is at risk of dismissal as a $2 billion trading loss prompts the first executive departures as soon as this week, a person familiar with the situation said.

May 14 (Bloomberg) -- The entire London staff of JPMorgan Chase & Co.’s chief investment office is at risk of dismissal as a $2 billion trading loss prompts the first executive departures as soon as this week, a person familiar with the situation said. Ina Drew, who oversees the unit, is among three people set to leave, the Wall Street Journal reported yesterday, citing unidentified people familiar with the situation.
SteamrolledGobias

User ID: 15716609
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10/11/2012 02:11 PM

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Re: WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!
just arrest dimon already it's been 4 years too long...
GFX guy

User ID: 9776422
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10/11/2012 02:51 PM
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Re: WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!
JPMorgan chief Dimon: 'The buck stops with me'
"I'm absolutely responsible, the buck stops with me," he added.
Video at link: [link to thehill.com]

I guess we'll see if he's a man of his word.
yoda
SENTINAL 1

User ID: 1221000
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10/11/2012 03:00 PM
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Re: WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!
JPMorgan chief Dimon: 'The buck stops with me'
"I'm absolutely responsible, the buck stops with me," he added.
Video at link: [link to thehill.com]

I guess we'll see if he's a man of his word.
yoda
 Quoting: GFX guy


absolutely!!!!!!1
"CONSIDER the SOURCE"- search the origins!!!!
Cosmic Traveler

User ID: 7047508
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10/11/2012 03:58 PM
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Re: WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!
Who tapes their phone conversations?

If you were doing something that was....marginal...would you tape it?
Hard tell'in not know'in
Anonymous Coward
User ID: 14443159
United States
10/11/2012 04:24 PM
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Re: WTF !! NYT : With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss !!
Don't worry there's nothing / nobody money can't buy. Nothing will happen to JPM, nobody will stay a single day in jail cell. It's just like those terrorist cases, arrest announced on page one, release announced on page twelve which nobody will notice.

oridin

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