If the name Alayne Fleischmann does not sound familiar, then take some time to read the fantastic article on Rolling Stone by Matt Taibbi called, “The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare.”
JPMorgan Chase paid one of the largest fines in American history to keep Alayne Fleischmann from talking.
In 2006, Fleischmann worked in a team that repackaged individual home loans as securities. She witnessed a host of violations, including never-to-be-repaid subprime loans being mis-sold as reliable investments, helping to heat the market that sparked the worldwide financial crisis in 2008.
This interview, conducted by Max Keiser, is absolute gold. Unfortunately it was widely hidden from many eyes in the west…I wonder why the bankster/Wall St. Oligarchy would want to bury such truths and revelations?
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of The Duran.