... And with Liberty and Justice for All (except for the Wealthy Few -- who can afford to buy all the 'Liberty' and 'Justice' they need.)
Maybe that upper-crust exemption framework is finally changing ...
JPMorgan agrees to tentative $13 billion settlement with U.S. over bad mortgages
by Sari Horwitz and Danielle Douglas, washingtonpost.com -- October 19, 2013
JPMorgan Chase, the nation’s largest bank, has reached a tentative agreement with the Justice Department to pay a record $13 billion to resolve allegations that it knowingly sold faulty mortgage securities that contributed to the financial crisis, a person familiar with the talks said Saturday.
[...]
The deal could be finalized soon, according to a person familiar with the negotiations who was not authorized to speak publicly. The Justice Department and JPMorgan are hammering out the final details, including a statement listing what the company did wrong. Such an admission of wrongdoing could be used in other legal actions against the bank, making it a significant sticking point during the talks.
Officials at JPMorgan and the Justice Department declined to comment.
What else is new? Why would they 'comment' when it is only our lives and livelihoods (and Homes), being traded in their high stakes, unmonitored
Games of Risk & Chance.
Maybe that upper-crust exemption framework is finally changing ...
Maybe it is not?
Why Corporations are allowed to "be above the law" ... I'll never understand.
Ordinary People are not allowed this "Get out of Jail Free" card.
And according to our system of jurist-prudence:
Corporations are Persons, in the the eyes of the Law ... it is only the 'persons' 'consumers' who are routinely victimized, who are not.
... And with Liberty and Justice for All ... those 'persons' who can afford it ...