Extortion: Just when we thought its post-crisis probe of banks couldn't get more corrupt, the Obama administration has cut radical Democrat groups in on the record $13 billion JPMorgan Chase subprime loan deal.Extortion the Chicago Way!
On Page 5 of "Annex 2" of the recently released consent order, you'll find this little gem: The Justice Department mandates that JPMorgan fork over any unclaimed or unpaid consumer damages to a nonprofit group that finances Acorn clones and other shakedown groups.
They stand to reap millions. The "consumer relief" portion of the deal by itself totals $4 billion.
Wednesday, December 4, 2013
How Libs finance SElections!
JPMorgan Deal Sets Aside Potentially Billions For Democrat Groups - Investors.com
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