• Attorney general protects criminal bankers.
By Ronald L. Ray —
United States Attorney General Eric Holder and his Department of Justice (DoJ) cohorts are the “Praetorian Guard” of the international banking empire, grinding their jackboots on the throats of oppressed Americans.
While federal law enforcement concocts phony terror plots to entrap and imprison innocent citizens, and Internal Revenue Service thugs terrorize patriots, recidivist criminals in the finance world go free because they are “too big to jail.”
DoJ refuses to prosecute—or even aggressively investigate—bankster crimes, allowing America’s largest bank, JPMorgan Chase, to obstruct justice in the ongoing investigation of the Bernard Lawrence “Bernie” Madoff Ponzi scheme. Moreover, new evidence has surfaced that federal officials knew, 20 years ago, that Madoff was kiting checks in a money-laundering operation. Mysteriously, Treasury Department documents to that effect cannot now be found.
Madoff ran an “investment firm” that produced unrealistically high returns for over two decades. During that time, JPMorgan and its predecessor banks held the primary account through which Madoff funneled funds, moving astronomical sums daily, back and forth between that account and one of a friend, Norman F. Levy. In 2008, the Jewish financier pleaded guilty to defrauding investors, racking up $17 billion in real losses plus another $65 billion on paper. He is now serving 150 years in prison, but related investigations continue.
On January 7, the Financial Crimes Enforcement Network (FinCEN) announced two felony charges against JPMorgan, along with a deferred prosecution agreement and a $1.7 billion fine intended to compensate victims. FinCEN Director Jennifer Shasky Calvert denounced the banking giant for failing to file, during more than 20 years, even a single, legally-required Suspicious Activity Report (SAR) against Madoff’s flagrant actions. While the fine might seem high, it’s peanuts to financial pharaohs.
JPMorgan, however, may not have been Madoff’s only enabler. Evidence points to the federal government under as many as four presidents, including the DoJ under Holder, as an unindicted co-conspirator.
Wall Street whistleblower Pamela Martens of the website Wall Street On Parade, revealed on February 25 the stunning fact that the U.S. government turned a blind eye to Madoff. In the 1990s, another bank, which the fraudster also used to launder funds, discovered the activities, filed a SAR as required and closed Madoff’s account. Then nothing happened. Madoff could have been stopped, but apparently neither the Treasury nor the Securities Exchange Commission acted. Any investigation records have vanished down the “memory hole.”
Worse, Holder’s DoJ is blocking a subpoena by the Office of the Comptroller of the Currency and the Treasury Inspector General for files from a JPMorgan internal investigation of 90 employees who interacted with Madoff’s firm. The documents most likely would have been surrendered if they exonerated the bank. But the plutocrats obstruct justice, claiming “attorney-client privilege,” while Holder’s office protects them, despite a well-founded belief by three investigative teams that JPMorgan may be covering up crime or fraud.
Holder had the gumption to tell the U.S. Senate last year that he fears prosecuting massive moneylenders, because “it will have a negative impact on the national economy—perhaps even the world economy.” Meanwhile, the head of JPMorgan Chase, James “Jamie” Dimon, nearly doubled his pay for that same year, from $11.5 million in 2012 to $20 million, a reward for fessing up to the bank’s criminal activity, which resulted in $13 billion in fines. As a point of reference, in 2010 and 2011, Dimon “earned” $23 million for each of those years.
So besides arming Mexican drug lords, fostering the illegal alien invasion, and failing to stop even one genuine terrorist, Holder also protects the Judaeo-Freemasonic banking crime syndicate which plunders the workingman’s wealth throughout the world.
Ronald L. Ray is a freelance author and an assistant editor of THE BARNES REVIEW. He is a descendant of several patriots of the American War for Independence.