JP Morgan: Banks Being Banks-Again

        So, media types love the Wall Streeters and their ilk. They provide endless stories that wouldn't even raise an eyebrow in Hollywood. No reasonable producer would accept the premise of pursuing a miscreant who then snared the victim for another $175 millions. But, JP Morgan just did it. No, it really did. See it live across all the outlets. Agreed to by---LAWYERS. Love 'em, those legal beagles, scratching and crawling in pursuit of a slice of settlement pie.

      In a nut shell(small) we have the bank's dreamers looking for another pie of potential investment, here  there, and everywhere(so hungry!) those lawyers/bankers. Turning over rocks and dirt piles, sniffing, spying, trying to stay ahead of the wolf pack down the street. What did they find? Charlie Javice, an attractive young women with a start up company that smells positive. Let's talk, fast. Very fast. Maybe a little 'too' fast. Scan the numbers, pump the concept, ten minutes of due diligence; now the offer. Offer accepted. Victory, again for JP Morgan. Drinks all around. Viva investment banking- America-What a country. 

Later

     Something is definitely wrong. Numbers don't add up. Oh, darn. Looks like figures are --------fabricated out of thin air(as opposed to thick air). Charlie, what have you done to us? We purchased your company outright with good intentions all around. Did you defraud us here at JP Morgan?  You can't do this, you can't do that. We are JP Morgan, King of Wall Street. Shame. Hello legal department. So, out come the briefs; out come the law school grads with serious intent: we will take her down. File the court docs; have that lying bitch dragged into court. Elizabeth Holmes she is not, but.........

     So Charlie Javice is dragged through the mud. At least she isn't knocked up hoping for a sympathetic jury. The lying bitch was found -GUILTY. Oh, my. but the best was yet to come. The court ruled that JP Morgan had to pay her legal fees, bills would be submitted through the court and JP Morgan has to pay-all of the bills. Even Kash Patel couldn't dream of this one. Bills for massages, perfumed steam baths, catered dinners, all paid for by JP Morgan. It couldn't happen to a nicer group of financial terrorists. Wall Streeters have no shame, no conscience, no grasp of reality. They are a breed apart. Even as the outer borough tramp directs the country down the road to ruin, Wall Streeters dance to their own fiddler, detached from reality's rules.

     JP Morgan has appealed the court's decision, and may find relief. Legal textbook writers/authors are sharpening their algorithms -they want some facts to develop the case for the students to come. They must learn about fraudsters like Charlie. But, at $175 milllions, it's just the cost of doing business these days.   For Charlie, she'll have to cancel traveling/living plans for a few years so she can mature under close supervision in Sing Sing up the river.