And it wasn’t until that moment that they dismissed the case, and it just took that long. He says, I dont think we treated this bank any differently than we would. And it took a long, long time before they got the judge to ask the policeman on duty if there was actually anybody else on the street to obstruct. America’s six largest banks Bank of America, JP Morgan Chase, Citigroup, Wells Fargo. “in the case of Andrew, the guy who was arrested for obstructing pedestrian traffic, he literally could not convince his own lawyer that he was innocent. It was standing in front of his own house at 1:00AM: In the clip below, he describes how Andrew Brown, a 35-year-old African-American man, was arrested for "obstructing pedestrian traffic”. Abacus by purchasing credit default swaps from the Royal Bank of Scotland, which incurred a 840 million liability from backstopping the hedge funds deal. In the clip below, he describes how Andrew Brown, a 35-year-old African-American man, was arrested for 'obstructing pedestrian traffic. MATT TAIBBI: So, Jamie Dimon is the CEO of JPMorgan Chase, and theylast year that bank paid 20 billion in fines, which is an extraordinary number. And clearly it was not representative of the entire financial community but. He highlights how the courts went after Abacus Federal Savings Bank that was "small-enough-to-prosecute", but left alone Goldman Sachs and JP Morgan Chase because they were "to big to fail". He highlights how the courts went after Abacus Federal Savings Bank that was 'small-enough-to-prosecute', but left alone Goldman Sachs and JP Morgan Chase because they were 'to big to fail'. MATT TAIBBI: So, Jamie Dimon is the CEO of JPMorgan Chase, and theylast year that bank paid 20 billion in fines, which is an extraordinary number. And at Abacus, there was some truth to that, too, Vance says in the film. He contrasts how mega-corporations can steal millions or billions and are not punished but when a poor person commits a minor crime such as public drunkenness, loitering, or smoking, they are punished by the system to the point of destroying their lives. The investment bank's cult of self-interest is on trial against the whole idea of civilisation the collective decision by all of us not to screw each other over even if we can Matt Taibbi Fri. Matt Taibbi talks at length about the two tiered US justice system in his book The Divide.
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