“The various government legal moves against JPMorgan Chase represent a coordinated assault on the nation’s biggest bank, says star bank analyst Dick Bove at Rafferty Capital Markets. Given that eight government agencies are now suing JPMorgan over various issues, apparently including four to six lawsuits from the Justice Department: ‘What is it about this company which makes it unique relative to all other American companies, that all of these agencies come down on this company at the same point in time?’ Bove said. ‘This has to be coordinated by someone, and it has to be coordinated by someone above each one of the individual agencies.'”
http://www.moneynews.com/StreetTalk/Bove-government-JPMorgan-assault/2013/08/19/id/521168
Related posts:
How Nicaraguans will Prevent Genocide by Fighting Back
Japanese Stocks Plunge 1000 Points; Central Bank Injects 2 Trillion Yen
US Still 'Warning' Antigua That It Better Not Set Up Piracy Hub, Even As WTO Gives Approval
The Rise of Bitcoin and Fall of the U.S Dollar
Government Police Are the Latest Persecuted "Victim" Group
You May Soon Get Bitcoin-Bought Cannabis Delivered by Drone
Should Marijuana Investors Be Afraid of the SEC?
Europe Continues to Circle the Drain
Crypto Mining Giant Bitmain Valued at $12 Billion in New Funding Round
Income Investing When Interest Rates Rise
China signs currency swap deal with Qatar, in heart of the petro-dollar
Elderly couple pulled over, questioned after their Buckeye car decal is mistaken for a marijuana lea...
Senate votes to extend warrantless wiretapping powers
Forced sterilization victims still seek justice in US
Lancaster Cops Harass Same Citizen Who Recorded Them Last Week