Mr. Dimon's Bank, Sen. Lee's Short Sale: Unanswered Questions About a Suspect Deal
Pedestrians walk past JPMorgan Chase headquarters in New York, Wednesday, May 16, 2012.
Seth Wenig, Associated Press
Consultant and writer Richard (RJ) Eskow blogs at the Huffington Post about JPMorgan Chase and Sen. Mike Lee, R-Utah, in a piece headlined, "Mr. Dimon's Bank, Sen. Lee's Short Sale: Unanswered Questions About a Suspect Deal":
"There's a lot we don't know about the deal between Sen. Mike Lee, Tea Party Republican of Utah, and America's largest bank. But we already know something's very, very wrong:
"Why is it that most Americans can't get a principal reduction from Chase or any other bank, but JPMorgan Chase was so very flexible with a sitting member of the United States Senate? The hypocrisy from Sen. Lee and JPMorgan Chase CEO Jamie Dimon overfloweth. But does the Case of the Senator's Short Sale rise to the level of full-blown corruption?
"Mr. Dimon and Sen. Lee need to answer some questions. But first, this story needs some background."
Read more about Mr. Dimon's Bank, Sen. Lee's Short Sale: Unanswered Questions Ab on Huffington Post.
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re: JCS
Corruption & graft do not differentiate between political ideology. Greed is greed is greed.
There are some fair questions asked in this piece. Lee needs to come clean.
The $400 K debt Mr. Lee "declines" to pay will now be covered by the rest of us. I knew Mr. Lee's grandfather, a man of sterling integrity, who must now be whirling like crazy in his grave.