Chase Bank and at risk accounts.

[I B Hankering]

Originally Posted by Old-T

YOU raise the issue of chase and slavery.

YOU seem to think Chase should be punished for their 150 y/o slave profits

Then YOU refuse to answer what you thing the penalty should be

Typical IB. Nothing I could say would highlight your stupidity more than your own words. Bravo you lying deceitful blithering IBilliterate, bravo. As each stupid post of yours brings you so much closer to your coveted 12,000 threshold we can only hope your meltdown will be so epic that it fries your computer and we don't have to read your pathos for a while thereafter.

Here's a clue, Old-Twerp, don't do business with the thieving, New York Yankee mutha fuckers, but you're a New York Yankee thus too damn stupid to figure that out for yourself.

[Yssup Rider]

Originally Posted by I B Hankering

Here's a clue, Old-Twerp, don't do business with the thieving, New York Yankee mutha fuckers, but you're a New York Yankee thus too damn stupid to figure that out for yourself.

Awesome oratory, Governor Wallace!

[Guest032516]

Originally Posted by I B Hankering

It's good that you've resigned yourself to live your cock-sucking life among your *friends* in Texas, you Yankee dude doodling dandy.

The Cock Whisperer speaketh!

Originally Posted by I B Hankering

Here's a clue, Old-Twerp, don't do business with the thieving, New York Yankee mutha fuckers, but you're a New York Yankee thus too damn stupid to figure that out for yourself.

And he speaketh some more!

[I B Hankering]

Originally Posted by ExNYer

The Cock Whisperer speaketh!



And he speaketh some more!

And the dick-licking Yankee mick keeps bragging about his perverse habits.

[Old-T]

Originally Posted by Yssup Rider

Awesome oratory, Governor Wallace!

Quit ridiculing him! Address him by is proper title, IBFuehrer. He has earned that level of (dis)respect.

[I B Hankering]

Originally Posted by Old-T

Quit ridiculing him! Address him by is proper title, IBFuehrer. He has earned that level of (dis)respect.

Aren't you being the model of decorum (*NOT*), Old-Twerp: go screw yourself, you fucking hypocrite!

[RALPHEY BOY]

Originally Posted by Karl Hungus

If they don't want the risk of the loans on their books, maybe they should just securitize it and sell it to their Muppet clients.

More troubling to me is how ass-backwards this whole system is. The oldest profession is too risky, but some upstart idea to securitize bad debt gets a AAA rating? It is a sad state of affairs when selling fraudulent securities is viewed as more respectable than catering to men's sexual needs. Folks have been paying good money for pussy since the dawn of time and will continue to do so.

I get it that JPM does not want to incur the consequences of a conspiracy or aiding/abetting charge, but it should never have come to pass that there is a black market for pussy and an open market for fraudulent securities. And in light of all the bad MBS, too big to fail, and other issues visited upon us by unethical banking, I find myself unable to muster much sympathy for JPM's selective compliance efforts.

I agree, you should have seen some of the crap Paper they would buy.. We had this bad LO at the shop I worked at. He would sell FHA's to Chase with fico scores as low as 490, with no money down!! on Down Payment Assistance Loans...I could not imagine any of these loans performing

[JohnnyCap]

Originally Posted by RALPHEY BOY

I agree, you should have seen some of the crap Paper they would buy.. We had this bad LO at the shop I worked at. He would sell FHA's to Chase with fico scores as low as 490, with no money down!! on Down Payment Assistance Loans...I could not imagine any of these loans performing

It clearly isn't just JPM Chase.

[lustylad]

Originally Posted by JohnnyCap

...I again say this disdain for banks is not from a single transaction, but a thoughtful overview of a system built on transferring all assets to the very few. It will implode.

Go ahead and elaborate on how the banking system is "built on transferring all assets to the very few" since you claim to have given this a lot of thought. Banks have conducted business for centuries, while the concentration of assets has gone up and down, so where's the correlation? In addition, the subprime lending debacle was an effort by banks to transfer assets to the many, not the few. They "rolled the dice" just like Barney Frank told them to! Let's help everyone own a home! How does that fit into your thoughtful overview? Why would a system "built on transferring all assets to the very few" do just the opposite?

When the system is working properly, banks are a vehicle to attract savings and channel them into those parts of the economy where the demand is greatest, promoting economic growth and allocating assets and resources to their most efficient uses.

[lustylad]

Originally Posted by RALPHEY BOY

...We had this bad LO at the shop I worked at. He would sell FHA's to Chase with fico scores as low as 490, with no money down!! on Down Payment Assistance Loans...I could not imagine any of these loans performing

That's bullshit. Even during the mortgage boom, FHA guidelines never accommodated fico scores that low... they also required a nominal downpayment of at least 3.5%... and why don't you even mention the fact that FHA is a FEDERAL GOVERNMENT HOUSING LOAN PROGRAM whose underwriting standards are set by federal bureaucrats, not by banks?

[Guest032516]

Originally Posted by I B Hankering

And the dick-licking Yankee mick keeps bragging about his perverse habits.

Look, if you don't like your new name - Cock Whisperer - just say so.

I can go back to "tranny fuckee".

[lustylad]

Originally Posted by Karl Hungus

If they don't want the risk of the loans on their books, maybe they should just securitize it and sell it to their Muppet clients.

More troubling to me is how ass-backwards this whole system is. The oldest profession is too risky, but some upstart idea to securitize bad debt gets a AAA rating? It is a sad state of affairs when selling fraudulent securities is viewed as more respectable than catering to men's sexual needs. Folks have been paying good money for pussy since the dawn of time and will continue to do so.

I get it that JPM does not want to incur the consequences of a conspiracy or aiding/abetting charge, but it should never have come to pass that there is a black market for pussy and an open market for fraudulent securities. And in light of all the bad MBS, too big to fail, and other issues visited upon us by unethical banking, I find myself unable to muster much sympathy for JPM's selective compliance efforts.

Your so-called "fraudulent securities" were rated by S&P and Moodys, not the banks. They were sold to other large sophisticated institutional investors along with prospectuses that contained full details including all the risks. The MBS prospectuses included tables showing the FICO (credit) scores, LTV and debt ratios of the underlying mortgages. (Some investors used this information to profit by shorting the securities.) This wasn't fraud - it was laziness, stupidity, greed (yield-chasing) and lack of due diligence by the investors who bought the stuff.

If you want an example of REAL FRAUD, look at Bernie Madoff. One of the other posts in this thread has a link to the DOJ lawsuit against Bernie. Oh wait, the lawsuit isn't against Bernie Madoff, is it? Well I'll be a monkey's uncle! It's not against him, it's against his bank! Looks like JPM was unlucky enough to let Bernie the fraudster open an account with them. Now the feds are suing JPM for not telling the world Bernie was a fraudster, even though the SEC couldn't figure it out either despite full access to the fraudster's books...

And after all this trumped-up hypocritical bullshit and harassment by the feds, you ask why JPM-Chase would turn away a porn star's account? Seriously? Are you that dense?

.

[IIFFOFRDB]

Originally Posted by ExNYer

Look, if you don't like your new name - Cock Whisperer - just say so.

I can go back to "tranny fuckee".

nyFAGer, should I start calling you tsFLFer or nyRINOer?

[I B Hankering]

Originally Posted by ExNYer

I can go back to "tranny fuckee".

You're outing yourself again, you Yankee dude doodling dandy!

[Guest032516]

Originally Posted by I B Hankering

You're outing yourself again, you Yankee dude doodling dandy!

Ooooh, clever!. More out of context quotes. Aren't YOU the life of the party...

So, I guess I will stick with calling you by your new name - Cock Whisperer?