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Tag: "Corporate Fat Cats"

American Justice: JP Morgan Chase Bank Avoids Criminal Prosecution by Paying $88 Million in Fines for Violation of Bank Laws

American Justice: JP Morgan Chase Bank Avoids Criminal Prosecution by Paying $88 Million in Fines for Violation of Bank Laws

August 28, 2011 | Comments (0)

J.P. Morgan Chase Bank has agreed to pay $88 million to settle charges of sanction violations. The settlement with the US Treasury Department concerns a series of transactions involving Cuba, Iran, and Sudan. According to the US Treasury Department’s Office of Foreign Assets Control, J.P. Morgan processed a total of $178.5 million in 2005 and [...]

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Big Business Wins in the US Supreme Court

Big Business Wins in the US Supreme Court

July 2, 2011 | Comments (0)

Doug Kendall reports that the US Supreme Court’s 2010 term was another big win for Big Business. The Court’s October 2009 term featured not only the Court’s blockbuster ruling in Citizens United v. Federal Election Commission, but a success rate for the US Chamber of Commerce that reached 81% (or 13 wins in 16 cases) [...]

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