JPMorgan Chase Whistleblower Breaks Silence on "Massive Criminal Securities Fraud"

**********************************************************************************

 

JPMorgan’s $9 Billion Witness Puts Government Testimony by Her Boss into Question

By Pam Martens: November 10, 2014

Alayne Fleischmann, Appearing on DemocracyNow! to Discuss Her Allegations Against JPMorgan Chase

Two years after attorney Alayne Fleischmann was downsized out of her job as a Transaction Manager at JPMorgan Chase, her boss, William Buell, was hauled before the Financial Crisis Inquiry Commission (FCIC) for interrogation on just how culpable the bank was in packaging and selling toxic mortgage backed securities.

Buell is the same man that Fleischmann exposed in a Rolling Stone feature article by Matt Taibbi last week as the recipient of her detailed, internal letter in early 2007, warning him that the mortgage pools her group was reviewing contained poor quality mortgage loans unfit for purchase or securitization. Despite the written warning, Fleischmann would later learn that JPMorgan, in a drive to boost market share and profits, went forward and purchased the pool, securitized many of the loans, then sold them to unsuspecting investors.

Continue Reading at ... http://wallstreetonparade.com/2014/11/jpmorgans-9-billion-witness-puts-government-testimony-by-her-boss-into-question/