“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:
Colorado Marijuana Dispensary Uses Bitcoin to Evade Federal Laws
FBI Director Doesn’t Think Agency Will Spy On Americans With N.G.I.
Is Slowing M2 Money Supply Signalling Another Stock Market Crash?
Tillerson Pledges Open-Ended Military Presence In Syria To Counter Iran
NSA Refuses To Release Secret Obama Directive On Cybersecurity
Market Volatility Makes a Comeback
Magic Mushrooms Fight Authoritarianism
Russia warns of nuclear disaster if Syria is hit
Silver: I Won't Be Able to Stack High Enough!
Ex-inmate at Chinese prison: We made airline headsets
Bitcoin Architect: Everything You Need To Know About Bitcoin
Entrepreneur Works With Coke’s Distribution to Deliver Medicine to Remote African Villages
Federal judge: Bitcoin, “a currency,” can be regulated under American law
TSA: Criminality, Body Scanners Beyond Airports
Man Released After Spending 9 Years In Jail For Possessing “Al Qaeda Literature”