“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
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