Catherine Austin Fitts
๐ค SpeakerAppearances Over Time
Podcast Appearances
So if you go to Solari, we have an article called How to Find a Good Local Bank. And we have a four-part series on how to identify and find a great bank or credit union.
So if you go to Solari, we have an article called How to Find a Good Local Bank. And we have a four-part series on how to identify and find a great bank or credit union.
So if you go to Solari, we have an article called How to Find a Good Local Bank. And we have a four-part series on how to identify and find a great bank or credit union.
So we have a very interesting document. If you do a search on Solaria for JPMorgan Chase. Oh, really? We had a subscriber after the financial crisis. And in my personal experience, JPMorgan was deep in the mortgage fraud at FHA in the government. So she continued to bank at JPMorgan Chase. And I had, I don't know if you know how the Madoff fraud worked.
So we have a very interesting document. If you do a search on Solaria for JPMorgan Chase. Oh, really? We had a subscriber after the financial crisis. And in my personal experience, JPMorgan was deep in the mortgage fraud at FHA in the government. So she continued to bank at JPMorgan Chase. And I had, I don't know if you know how the Madoff fraud worked.
So we have a very interesting document. If you do a search on Solaria for JPMorgan Chase. Oh, really? We had a subscriber after the financial crisis. And in my personal experience, JPMorgan was deep in the mortgage fraud at FHA in the government. So she continued to bank at JPMorgan Chase. And I had, I don't know if you know how the Madoff fraud worked.
Okay, so Madoff after the mid-90s only had โ he had two businesses. He had a brokerage business and he had the money management, the Ponzi scheme. And the Ponzi scheme only had one bank account at JPMorgan Chase. So I was interviewing Helen Chapman, who's one of the attorneys who litigated the Madoff. She'd been a Madoff victim but represented other Madoff victims.
Okay, so Madoff after the mid-90s only had โ he had two businesses. He had a brokerage business and he had the money management, the Ponzi scheme. And the Ponzi scheme only had one bank account at JPMorgan Chase. So I was interviewing Helen Chapman, who's one of the attorneys who litigated the Madoff. She'd been a Madoff victim but represented other Madoff victims.
Okay, so Madoff after the mid-90s only had โ he had two businesses. He had a brokerage business and he had the money management, the Ponzi scheme. And the Ponzi scheme only had one bank account at JPMorgan Chase. So I was interviewing Helen Chapman, who's one of the attorneys who litigated the Madoff. She'd been a Madoff victim but represented other Madoff victims.
And I said to her, I said, Helen, who was the securities custodian? If JPMorgan Chase was the bank account, who was the securities custodian? And she said, there was none because he never bought any securities. And I said, but Helen, that means JPMorgan Chase controlled the whole time.
And I said to her, I said, Helen, who was the securities custodian? If JPMorgan Chase was the bank account, who was the securities custodian? And she said, there was none because he never bought any securities. And I said, but Helen, that means JPMorgan Chase controlled the whole time.
And I said to her, I said, Helen, who was the securities custodian? If JPMorgan Chase was the bank account, who was the securities custodian? And she said, there was none because he never bought any securities. And I said, but Helen, that means JPMorgan Chase controlled the whole time.
In other words, under the laws, they knew that Madoff was not buying any securities because there was no securities custodian and the money. In fact, they would run with huge balances at JPMorgan Chase, according to her interview. Wow. Right. They were the senior partner.
In other words, under the laws, they knew that Madoff was not buying any securities because there was no securities custodian and the money. In fact, they would run with huge balances at JPMorgan Chase, according to her interview. Wow. Right. They were the senior partner.
In other words, under the laws, they knew that Madoff was not buying any securities because there was no securities custodian and the money. In fact, they would run with huge balances at JPMorgan Chase, according to her interview. Wow. Right. They were the senior partner.
They were the senior partner. So it's an amazing interview. Anyway, so I had this person put together a list of every criminal and civil money penalty that JPMorgan Chase had paid from 2006 to I think it's 2018. It's up. It's hilarious. And then we had our editors go through it very, very carefully. And we found $42 billion of civil and criminal money penalties for โ
They were the senior partner. So it's an amazing interview. Anyway, so I had this person put together a list of every criminal and civil money penalty that JPMorgan Chase had paid from 2006 to I think it's 2018. It's up. It's hilarious. And then we had our editors go through it very, very carefully. And we found $42 billion of civil and criminal money penalties for โ
They were the senior partner. So it's an amazing interview. Anyway, so I had this person put together a list of every criminal and civil money penalty that JPMorgan Chase had paid from 2006 to I think it's 2018. It's up. It's hilarious. And then we had our editors go through it very, very carefully. And we found $42 billion of civil and criminal money penalties for โ
financial, you know, activities that I would describe as, you know, they clearly knew they were defrauding people and harming people. And, you know, so my question is why is anybody, if an institution would do that, Now, I can make arguments where it makes sense for somebody to have their money at JPMorgan Chase for things we don't need to go into. There's all sorts of esoteric reasons.
financial, you know, activities that I would describe as, you know, they clearly knew they were defrauding people and harming people. And, you know, so my question is why is anybody, if an institution would do that, Now, I can make arguments where it makes sense for somebody to have their money at JPMorgan Chase for things we don't need to go into. There's all sorts of esoteric reasons.